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Ameren, Exelon drop on notice of solar plants hearing (NYSE:AEE) - Seeking Alpha

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Ameren, Exelon drop on notice of solar plants hearing (NYSE:AEE) | Seeking Alpha
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- Ameren (NYSE: AEE) on Thursday fell as much as 7.6% after the Missouri Public Service Commission scheduled hearings next month about the building several solar-power plants in the state. Exelon (NASDAQ: EXC) declined by about 8%.
- The hearing will be held on February 13-15 at the Governor Office Building in Jefferson City.
- Ameren Missouri seeks permission to build and operate a 300-megawatt solar generation Warren County, Missouri; a 150-megawatt facility in Cass County, Illinois; a 50-megawatt facility in Audrain County, Missouri, and a 50megawatt facility in Pike County, Missouri

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Related Knowledge Center: ENERGY BASICS: solar

State of Play

Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.

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