You are here: Home » Companies and Agencies » Xcel Energy
Xcel Energy
More News and Commentary
IEEFA
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 […]
Press Release, Dennis Wamsted, Seth Feaster and David Schlissel
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 […]
IEEFA
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 […]
Seth Feaster
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 […]
IEEFA
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 […]
IEEFA
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 […]
IEEFA
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 $160 million through efficiency gains. The […]
IEEFA
Albuquerque Journal: A mammoth wind farm covering 156 square miles in eastern Roosevelt County will begin generating enough electricity later this month to power up about 194,000 homes. At 522 megawatts, Xcel Energy’s Sagamore Wind Farm is by far the largest to come online in New Mexico, offering at least 40% more generating capacity than […]
IEEFA
S&P Global Market Intelligence ($): 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 […]
IEEFA
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 […]
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 quicklyMarch 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 […]