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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
Contractual Obligation, Fiscal Year Maturity Schedule The following table shows future commitments related to purchase contracts as of June 30, 2023:

 

(In thousands)

 

2023

 

 

2024

 

 

2025

 

 

2026

 

 

2027

 

 

Thereafter

 

Coal(a)

 

$

20,814

 

 

$

23,039

 

 

$

14,426

 

 

$

2,868

 

 

$

 

 

$

 

Natural gas(b)

 

 

22,107

 

 

 

41,377

 

 

 

25,517

 

 

 

14,873

 

 

 

2,165

 

 

 

11,995

 

 

$

42,921

 

 

$

64,416

 

 

$

39,943

 

 

$

17,741

 

 

$

2,165

 

 

$

11,995

 

 

(a)
Total coal commitments for MGE's share of the Columbia and Elm Road Units, including transportation. Fuel procurement for MGE's jointly owned Columbia and Elm Road Units is handled by WPL and WEPCO, respectively, who are the operators of those facilities.
(b)
MGE's natural gas transportation and storage contracts require fixed monthly payments for firm supply pipeline transportation and storage capacity. The pricing components of the fixed monthly payments for the transportation and storage contracts are approved by FERC but may be subject to change. MGE's natural gas supply commitments include market-based pricing.