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    Home > Chemicals Industry > International Chemical > Xcel Energy Launches Colorado Energy Program

    Xcel Energy Launches Colorado Energy Program

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    Xcel Energy and a broad coalition of 14 groups reached an agreement to make $2.
    5 billion in clean energy investments
    in rural Colorado.
    To provide the state with cleaner energy production resources, the proposal also calls for early retirement of two coal generator sets in Southern Colorado to be considered
    .

    Xcel Energy's Colorado Energy Plan proposes a proactive and broadly supported portfolio of power generation businesses to enhance the company's current 2016 Power Resource Plan
    .

    Next generation projects will be identified and selected through an upcoming competitive procurement process, targeting a mix of utilities and independent power generation (IPP)-owned facilities, with Xcel Energy targeting investments of 50% of electricity generation from renewable sources and 75% of natural gas combustion, storage or renewable energy with stored generation resources
    in the portfolio.
    The portfolio includes up to 1,000 MW of wind projects, 700 MW of solar projects, and 700 MW of natural gas projects
    .

    "We have a responsibility to meet the energy needs of our customers, provide them with low-cost power and increase their use
    of clean energy," said Xcel Energy's Colorado Regional President.
    As the state's largest utility, we also support rural Colorado, and this proposed investment will make that happen
    .
    The proposal could increase renewable energy to 55 percent by 2026, saving customers money and significantly reducing carbon and other emissions
    .

    (This article first published cable network: /, please indicate the source for reprinting)

     

    Xcel Energy and a broad coalition of 14 groups reached an agreement to make $2.
    5 billion in clean energy investments
    in rural Colorado.
    To provide the state with cleaner energy production resources, the proposal also calls for early retirement of two coal generator sets in Southern Colorado to be considered
    .

    Xcel Energy

    Xcel Energy's Colorado Energy Plan proposes a proactive and broadly supported portfolio of power generation businesses to enhance the company's current 2016 Power Resource Plan
    .

    Next generation projects will be identified and selected through an upcoming competitive procurement process, targeting a mix of utilities and independent power generation (IPP)-owned facilities, with Xcel Energy targeting investments of 50% of electricity generation from renewable sources and 75% of natural gas combustion, storage or renewable energy with stored generation resources
    in the portfolio.
    The portfolio includes up to 1,000 MW of wind projects, 700 MW of solar projects, and 700 MW of natural gas projects
    .

    "We have a responsibility to meet the energy needs of our customers, provide them with low-cost power and increase their use
    of clean energy," said Xcel Energy's Colorado Regional President.
    As the state's largest utility, we also support rural Colorado, and this proposed investment will make that happen
    .
    The proposal could increase renewable energy to 55 percent by 2026, saving customers money and significantly reducing carbon and other emissions
    .

    (This article first published cable network: /, please indicate the source for reprinting)

    /

     

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