in News Departments > New & Noteworthy
print the content item

As of 2013, utility company Xcel Energy says it has reduced carbon dioxide emissions by nearly 20% since 2005, thanks in large part to its commitment to clean energy such as wind power.

"Over the past decade, Xcel Energy has invested in a cost-effective clean energy strategy that is benefiting both our customers and the environment," says Ben Fowke, chairman, president and CEO of Xcel Energy. "We are making significant progress reducing emissions at an excellent price through a combination of energy efficiency programs and coal plant retirements and conversions, and by embracing renewable energy earlier than other utilities. We are on track to surpass our company’s original carbon reduction target of 20 percent to achieve a projected carbon reduction of 31 percent by 2020.”

In its annual corporate responsibility report, Xcel Energy also reveals it has more than doubled its use of renewable resources from 7% of the company’s energy mix in 2004 to 20% in 2013, and the company plans to reach 27% by 2020.

As part of that commitment, Xcel announced plans in 2013 to add another 1.9 GW of wind power and 170 MW of solar energy to its portfolio - all at prices below fossil fuel alternatives. In addition, the company notes the American Wind Energy Association recently named Xcel the top U.S. utility wind provider for the 10th consecutive year.



Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Renewable NRG_id1934
BG 2015DblBox_id2032
Hybrid Energy Innovations 2015
Canwea_id1984