The price tag for Xcel Energy closing all its Colorado coal-fired plants will be $1.4 billion spread over decades — a sum that will be paid exclusively by the utility’s residential and commercial customers. The closure estimates and their financing are part of the $8 billion electric resource and clean energy plan submitted last month […]
Xcel plans to double its renewable energy generation by 2030. It’ll cost consumers $8 billion to do it.
Xcel Energy will spend $8 billion to double its renewable energy generation and storage and add new transmission lines, while closing all of its coal-fired power plants in Colorado by 2040. The initiative, unveiled Wednesday, would reduce Xcel’s carbon emissions in Colorado 85% from 2005 levels by 2030. A state law requires regulated utilities to […]
Wind power cut Xcel Energy’s carbon emissions last year. But is the utility moving fast enough to meet goals?
Xcel Energy cut its carbon emissions by 5% in 2020 compared with 2019, in large part due to the addition of new wind generation, according to the company, Colorado’s largest electricity provider. Carbon emissions declined a record 12% in Xcel’s companywide service area, which includes Minnesota, North Dakota, South Dakota, Michigan, Wisconsin, Texas and New […]
Tri-State increases the amount of greenhouse gases it will cut in Colorado by adding wind and solar generation
Colorado’s second biggest electricity provider – Tri-State Generation and Transmission Association – upped its goal for reducing its greenhouse gas emissions to an 80% cut by 2030 – putting itself in line with other utilities in the state. Tri-State’s original 70% target for cutting carbon dioxide emissions had lagged other Colorado utilities, such as Xcel […]
Colorado regulators probe why the coal-fired Comanche 3 power plant has been out of service for months
The Colorado Public Utilities Commission on Wednesday launched an investigation into Xcel Energy’s problem-plagued Comanche 3 coal-fired power plant, which has had chronic breakdowns requiring millions of dollars in repairs. The $1.3 billion plant near Pueblo has been out of service since mid-January. It was idled between January and June for repairs, Xcel said. When […]