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  • Monday, August 8, 2016

    Xcel Will Add Wind To Cut Costs

    Xcel Energy plans to add more wind energy: company

    Bob Matyi, 4 August 2016 (S&P Global/Platts)

    “Xcel Energy plans to add at least 800 MW of wind energy over the next five years to help advance its goal of reducing carbon emissions by 60% by 2030 from 2005 levels…[but] was forced to cut its electric sales forecast for 2016 after results of the first six months failed to meet its previous projections…[T]he staff of the Colorado Public Utilities Commission has recommended conditional approval of the company's proposed 600-MW Rush Creek wind farm, which would be the state's largest wind project to date…Xcel serves customers in eight states…[and wants] to add more wind energy in its home state of Minnesota…Xcel also filed an application with Colorado regulators for a $500 million [grid improvement project that] would include the installation of advanced meters…” click here for more

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