Alliant Energy Corp. Q3 2008 Earnings Conference Call Transcript

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2008-10-31 09:19:13.0

Tags: Chairman, Call Transcript, Earnings, Question, Telecom & Utilities, Seeking Alpha, Chairman, Call Transcript, Earnings, Question, Telecom & Utilities, Seeking Alpha, Alliant Energy

Question-and-Answer Session

Thank Mr. Protsch. At this time the company will open up the call to questions from members of the investment community. Alliant Energy's management will take as many questions as they can within the 1 hour time frame for this morning's call.

[Operator Instructions]. We'll go first to Michael Gresens with Robert W. Baird.

Michael Gresens - Robert W. Baird

The current turbine market for wind generation, wondering if you guys are seeing any opportunities in there with developers ramping or dialing back on their new build plans and is there any opportunity for you guys to build in and hopefully get improved turbine pricing?

William D. Harvey - Chairman, President and Chief Executive Officer

Michael, thanks for the question. We haven't seen that yet. Understand our positions in the wind business are number one to build the requisite alternative energy resources that are required to meet our various state RPS requirements. We really are not looking for other opportunities in the utility side of our business as it relates to wind. However RMT is obviously a major constructor of wind development projects and I would certainly expect that they would be affected positively or negatively by what happens to the full money into projects in that space. I don't know if that responsive to your question or not Michael, if it isn't please... re-ask it.

Michael Gresens - Robert W. Baird

No it is. As in the second question you didn't... you did not mention any of your emissions controls project. Are there any updates on those projects including I guess the... that one or two projects that you've proposed?

William D. Harvey - Chairman, President and Chief Executive Officer

No there are no new developments.

Michael Gresens - Robert W. Baird

Okay.

William D. Harvey - Chairman, President and Chief Executive Officer

There we have eight Clean Air Compliance Program projects that were part of our planned capital expenditure program this year; they are all on time, on budget. And we have not altered our plans at all with respect to Clean Air Compliance Program projects going forward.

The recent overturn or vacature, I guess, is the word we are using; of the care requirements will not have any noticeable impact on our planned capital programs with respect to Clean Air Compliance efforts.

William D. Harvey - Chairman, President and Chief Executive Officer

Okay, thank you.

Eliot G. Protsch - Senior Executive Vice President and Chief Financial Officer

 

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