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IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

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Xcel proposes 85% cut in carbon dioxide emissions at its Colorado utility by 2030

S&P Global Market Intelligence ($): Aiming to slash carbon-dioxide emissions 85% by 2030 from 2005 levels, Xcel Energy Inc. on March 31 pitched Colorado energy regulators a sweeping clean energy transition that would accelerate subsidiary Public Service Co. of Colorado’s move away from coal-fired generation by leaning more heavily on new wind, solar and energy […]

April 2, 2021 Read More →
IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years
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IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

Xcel proposes major transmission project in Colorado to boost renewable energy access

The Colorado Sun: Xcel Energy on Tuesday filed a plan with state electricity regulators for a $1.7 billion project to build 560 miles of transmission lines encircling eastern Colorado designed to bring wind and solar electricity to Front Range population centers from rural areas. The project – Power Pathway – would be done in collaboration […]

March 5, 2021 Read More →
IEEFA U.S.: Colorado’s newest coal plant, needing extensive repairs (again), was idle for a year

IEEFA U.S.: Colorado’s newest coal plant, needing extensive repairs (again), was idle for a year

Utility commission launches investigation of Comanche Unit 3 costs; seamless replacement of power adds to case for early closure

Xcel Energy’s troubled Unit 3 at the Comanche Generating Station in Colorado was offline for almost an entire year after being closed for repairs—even as customers started paying the $11.7 million cost of fixing previous problems. The latest in a long saga of failures at Comanche 3 started on Jan. 13, 2020, when it was […]

January 15, 2021 Read More →

Xcel seeking bids for 500MW of solar at Sherco coal plant in Minnesota

Renewables Now: U.S. utility Xcel Energy Inc has issued a Request for Proposals (RfP) that seeks to add around 500 MW of newly-built solar power generation in Minnesota. The utility-scale solar capacity should be located in proximity to the company’s coal-fired Sherburne County (Sherco) power plant in Becker. Through the solicitation, launched on Monday, Xcel […]

January 7, 2021 Read More →

Xcel to close two-unit, 441MW Hayden coal plant in Colorado by 2028

The Denver Post: Xcel Energy-Colorado and its partners in the Hayden Generating Station will close the coal-fired plant’s two units by 2028, years earlier than planned. Xcel Energy, which owns the northwest Colorado plant with PacifiCorp and the Salt River Project, said in a statement Monday that Unit 2 of the plant will be retired […]

January 5, 2021 Read More →

Minnesota regulators okay $750 million Xcel plan to repower 651MW of wind capacity

Minneapolis Star-Tribune: Minnesota regulators on Wednesday approved Xcel Energy’s $750 million wind farm “repowering” project, one of several proposals from the utility to help speed up the state’s economic recovery from COVID-19. Xcel, the state’s largest utility, said its plan to retool several existing wind farms will save ratepayers $160 million through efficiency gains. The […]

January 4, 2021 Read More →

Xcel Energy completes construction of 522MW Sagamore wind farm in New Mexico

Albuquerque Journal: A mammoth wind farm covering 156 square miles in eastern Roosevelt County will begin generating enough electricity later this month to power up about 194,000 homes. At 522 megawatts, Xcel Energy’s Sagamore Wind Farm is by far the largest to come online in New Mexico, offering at least 40% more generating capacity than […]

December 17, 2020 Read More →

Xcel to convert 1,018MW Harrington coal plant in Texas to gas by 2025

S&P Global Market Intelligence ($): Xcel Energy Inc. intends to convert its first coal-fired power plant in Texas — a 1,018-MW generating station — to run on natural gas, a plan in line with the investor-owned utility’s goal to cut emissions from its generation facilities 80% from 2005 levels by 2030 and be carbon-free by […]

November 17, 2020 Read More →

Utility officials see path to 80% carbon emissions reduction, worry about last 20%

S&P Global Market Intelligence ($): Thirteen states have set targets for a carbon-free grid by midcentury, if not earlier, to help the world avoid the worst impacts of climate change. But is that possible? With today’s technology, utilities can readily reach 80% reductions in carbon emissions in the next decade, according to an Oct. 14 […]

October 16, 2020 Read More →