in News Departments > FYI
print the content item

Minneapolis-based Xcel Energy in Colorado will seek by 2015 to build approximately 1,050 MW of renewable generation, 800 MW of which would be from wind resources. In addition, Xcel plans to reduce current electricity demand by 694 MW through enhanced energy-efficiency programs and replace two coal-fired power plants with a natural gas facility.

The company recently filed its Colorado resource plan, indicating the company could reduce its greenhouse gas (GHG) emissions by at least 10% by 2017, when compared with 2005 levels. The company further committed to file an expedited resource plan in 2009, which would provide options and make recommendations to reduce the utility's GHG emissions by up to 20% by 2020.

"Xcel Energy fully supports ambitious efforts to reduce GHG emissions in Colorado and throughout our service territory," says Richard Kelly, Xcel Energy's chairman, president and CEO. "But, it is important to balance these environmental objectives with the equally important goals of reasonable customer rates and a reliable electric system. Our proposal balances all of these components and takes an important first step on the path of achieving the goals of the governor's Colorado Climate Action Plan."



Trachte Inc._id1770
Latest Top Stories

Six Key Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965