How two utility CEOs are preparing for the year ahead
WEC Energy Group CEO Scott Lauber and Xcel Energy CEO Bob Frenzel join Guidehouse and PUF to discuss how they plan to meet surging demand in 2025.
In the ever-changing energy industry, two utility CEOs want to keep pushing their companies forward in the new year. That will require careful planning and billions of investment dollars to prepare for increased demand and other challenges that arise in 2025.
These investments were the central topic of discussion when Guidehouse’s Dan Hahn and Chris Rogers joined Public Utilities Fortnightly (PUF) in conversation with WEC Energy Group CEO Scott Lauber and Xcel Energy CEO Bob Frenzel.
"We are making large investments in the electric grid, both transmission and distribution, as well as a significant investment in new and clean generation."
— Bob Frenzel, CEO, Xcel EnergyBoth utilities are gearing up to make the most of the transitions in the energy industry that the coming year will present.
"Economic development is strong in Wisconsin—and for us to meet the energy needs, we need to build the additional capacity and the distribution and transmission."
— Scott Lauber, CEO, WEC Energy GroupRead the full interview to discover more about the investments that Xcel Energy and WEC Energy Group are making to adapt to growing demand and continue delivering for customers in an era of unprecedented change.
This article is part of a series of interviews with U.S. utility leaders that Guidehouse is conducting with PUF.