Balancing the needs of our customers, the environment and the economy is important to all of us at Ameren. From preventing and controlling pollution, reducing greenhouse gases, and creating renewable energy initiatives to developing innovative technologies that help us operate cleanly, we are focused on being good stewards of the environment.
Ameren Missouri is executing a forward-thinking plan to dramatically increase the amount of wind and solar generation to provide cost-effective and sustainable energy for its customers. Our Integrated Resource Plan includes the addition of at least 700 megawatts of wind generation by 2020, representing a potential investment of approximately $1 billion. We also plan to add 100 megawatts of solar generation over the next 10 years, with 50 megawatts expected to come online by 2025.
Ameren Missouri is the first investor-owned utility in the state, and among the first in the country, to announce a carbon emissions reduction goal of 80 percent by 2050 from the 2005 level. To meet this goal, we are targeting a 35 percent carbon emissions reduction by 2030 and a 50 percent reduction by 2040 from the 2005 level.