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State Regulators Allow New Plant Permitting Process to Move Forward

   Alliant Energy is the parent company of two public utility companies--Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL)--and of Alliant Energy Resources, Inc. (AER), the parent company of Alliant Energy's non-regulated operations. (PRNewsFoto/ALLIANT ENERGY CORPORATION)

MADISON, WI UNITED STATES
    Nelson Dewey Generating Station will have capacity to burn multiple,
                          renewable resource fuels

    MADISON, Wis., Dec. 20 /PRNewswire-FirstCall/ -- State regulators have
determined the Certificate of Public Convenience and Necessity (CPCN)
application of Wisconsin Power and Light Company (WPL), a subsidiary of
Alliant Energy Corporation (NYSE: LNT) is "complete," thereby initiating
the construction permitting process. The Public Service Commission of
Wisconsin (PSCW), working closely with the Wisconsin Department of Natural
Resources, is responsible for conducting a thorough analysis of the project
plan. The CPCN permitting process involves months of extensive
environmental review, technical assessments, public input and further
analysis before a CPCN is issued by the PSCW.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20020405/LNTLOGO)

    "This represents another step forward on the path to meeting the future
energy needs of Wisconsin," said Barbara Swan, President of WPL. "It is
also our opportunity to showcase our commitment to a greener future through
new technology, renewable fuels and our significant investment in wind
power."

    The proposed project is a planned expansion of the existing Nelson
Dewey facility, located in Cassville, WI -- on the shores of the
Mississippi River. The circulating fluidized bed system will be unique in
the state, for a project of its size, because it will have the flexibility
to not only utilize coal as a fuel source, but also renewable resource
fuels, such as switchgrass, corn stalks (stover), and wood. The plant is
designed to generate 300 megawatts of electricity, or enough to power
300,000 homes. Swan said the flexible fuels capability will allow Alliant
Energy to help develop new agricultural and forestry supply markets in the
state.

    "We have been working with area farmers and foresters to make sure the
prices are fair and the markets are sustainable," said Bill Johnson,
Manager-Biofuels Development for Alliant Energy. "It's very exciting to
think we can grow a future energy source right here in Wisconsin."

    WPL has selected Washington Group International to provide engineering,
procurement, and construction services for the proposed expansion.

    By law, the PSCW has up to 360 days (180 days plus an optional 180 day
extension) to make a final ruling on the proposed expansion. Public input
is encouraged throughout the process. "This plan addresses our
responsibility to provide reliable and affordable electricity, while
protecting the environment for us all to enjoy," said Bill Harvey,
Chairman, President and CEO for Alliant Energy. "We look forward to
discussing this plan in greater detail as the process unfolds, and
encourage people to get involved and have their voices heard."

    Alliant Energy is an energy-services provider with subsidiaries serving
approximately 1 million electric and over 400,000 natural gas customers.
Providing its customers in the Midwest with regulated electric and natural
gas service is the company's primary focus. Wisconsin Power and Light, the
company's Wisconsin utility subsidiary, serves 453,000 electric and 175,000
natural gas customers. Alliant Energy, headquartered in Madison, Wis., is a
Fortune 1000 company traded on the New York Stock Exchange under the symbol
LNT. For more information, visit the company's Web site at
http://www.alliantenergy.com.

    This press release includes forward-looking statements. These forward-
looking statements can be identified as such because the statements include
words such as "planned," "designed," or other words of similar import.
Similarly, statements that describe future plans or strategies are also
forward-looking statements. Such statements are subject to certain risks
and uncertainties that could cause actual results to differ materially from
those currently anticipated. Actual results could be affected by such
factors as: state regulatory actions or local government actions which
revise the project or delay or prevent the new generation construction,
including inability to obtain all necessary approvals and permits; current
or future litigation, regulatory investigations, proceedings or inquiries
that could impede the permitting process or implementation of WPL's plans;
failure of equipment and technology to perform as expected; and economic
and political conditions in WPL's service territory. These factors should
be considered when evaluating the forward- looking statements and undue
reliance should not be placed on such statements. The forward-looking
statements included herein are made as of the date hereof and Alliant
Energy and WPL undertake no obligation to update publicly such statements
to reflect subsequent events or circumstances.



SOURCE Alliant Energy Corporation




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Related links:
  • http://www.alliantenergy.com
    Photo Notes:http://www.newscom.com/cgi-bin/prnh/20020405/LNTLOGO
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    PRN Photo Desk, photodesk@prnewswire.com
    CONTACT:
    media, Rob Crain, +1-608-458-4469, or
    investors, Becky Johnson, +1-608-458-3267, both of Alliant Energy
    Corporation