in News Departments > FYI
print the content item

Minneapolis-based power company Xcel Energy has announced plans to reduce greenhouse gas emissions, expand conservation and renewable energy, and improve the efficiency of its electricity generation fleet in Minnesota.

"Our plan would reduce carbon dioxide emissions by 22 percent from 2005 levels by 2020, a 6 million ton reduction, while pursuing the lowest-cost expansion path, meeting increased customer needs and maintaining system reliability," says Dave Sparby, acting president and CEO of Northern States Power Co.-Minnesota, an Xcel company.

The plan, which covers 2008 through 2022, includes a new forecast that projects a 1% annual increase in electricity demand, while the company works to achieve annual energy savings of up to 1.5% of retail electricity sales as required by state law.

Among the plan's key provisions is to meet Minnesota's renewable portfolio standard, which requires Xcel to supply 30% of its customers' electricity needs with renewable resources by 2020. This will require Xcel to add 2,600 MW of new wind resources to its system by 2020, more than the 1,300 MW of wind resource planned to be online by the end of 2008.

To begin acquiring these resources, Xcel will soon issue a request for proposals for ownership of 500 MW of new wind power and will continue to move forward on its commitment to develop 500 MW of community-based wind resources.


Trachte Inc._id1770
Latest Top Stories

Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.

Renewable NRG_id1934
Navigant_id1983