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Alliant Energy's (LNT) Capex, Focus on Renewables Bode Well
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Alliant Energy’s (LNT - Free Report) investment in enhancing electric and gas distribution networks along with a diverse customer mix will continue to drive its performance. Also, its focus on reducing emissions and providing reliable, affordable energy is likely to enhance its operations.
Tailwinds
Alliant Energy’s earnings prospects look attractive owing to ongoing additions to its electric and natural gas customer volumes. In addition, a diverse customer mix provides stability to sales as the company does not depend on a single customer group for revenues.
It announced plans to invest substantially over the next four years in strengthening the electric and gas distribution network as well as adding natural gas and renewable assets to the generation portfolio. Also, the company has plans to make regular investments ininfrastructural upgrade.
Alliant Energy is consistently investing in renewable and natural gas-based electricity generation as well as gradually reducing coal-based generation assets. Stringent emission standards are forcing utilities to lower their dependence on coal-fired production units. The company announced its voluntary goal of retiring all the existing coal-fired generation units by 2040 with an objective of lowering emissions from its 2005 levels by 50% and 100% within 2030 and 2050, respectively.
Likewise, other electric utilities are adopting measures to supply clean and reliable energy to its customers. Some of the companies, namely Duke Energy (DUK - Free Report) , DTE Energy (DTE - Free Report) and Xcel Energy Inc. (XEL - Free Report) are planning to provide absolute clean energy by 2050.
Headwinds
Alliant Energy is exposed to increased competition from self-generation by large industrial customers, customer- and third party-owned generation (e.g. solar panels) as well as alternative energy sources, which can lower demand for its services in Iowa and Wisconsin. Also, dependence on third-party electric transmission systems remains a concern for the utility.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
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Alliant Energy's (LNT) Capex, Focus on Renewables Bode Well
Alliant Energy’s (LNT - Free Report) investment in enhancing electric and gas distribution networks along with a diverse customer mix will continue to drive its performance. Also, its focus on reducing emissions and providing reliable, affordable energy is likely to enhance its operations.
Tailwinds
Alliant Energy’s earnings prospects look attractive owing to ongoing additions to its electric and natural gas customer volumes. In addition, a diverse customer mix provides stability to sales as the company does not depend on a single customer group for revenues.
It announced plans to invest substantially over the next four years in strengthening the electric and gas distribution network as well as adding natural gas and renewable assets to the generation portfolio. Also, the company has plans to make regular investments ininfrastructural upgrade.
Alliant Energy is consistently investing in renewable and natural gas-based electricity generation as well as gradually reducing coal-based generation assets. Stringent emission standards are forcing utilities to lower their dependence on coal-fired production units. The company announced its voluntary goal of retiring all the existing coal-fired generation units by 2040 with an objective of lowering emissions from its 2005 levels by 50% and 100% within 2030 and 2050, respectively.
Likewise, other electric utilities are adopting measures to supply clean and reliable energy to its customers. Some of the companies, namely Duke Energy (DUK - Free Report) , DTE Energy (DTE - Free Report) and Xcel Energy Inc. (XEL - Free Report) are planning to provide absolute clean energy by 2050.
Headwinds
Alliant Energy is exposed to increased competition from self-generation by large industrial customers, customer- and third party-owned generation (e.g. solar panels) as well as alternative energy sources, which can lower demand for its services in Iowa and Wisconsin. Also, dependence on third-party electric transmission systems remains a concern for the utility.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>