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November 18, 2007 – Vol.12 No.35 Xcel Energy Long-Range Generation Resource Plan Adds Renewables, Energy Efficiency Program. The company’s Colorado Resource Plan (CRP) would help reduce greenhouse gas emissions from Xcel Energy by at least 10 percent by 2017, compared with 2005 levels. In the CRP, Xcel Energy would seek by 2015 to add approximately 1,050 megawatts of renewable generation, reduce current electricity demand by 694 megawatts through enhanced energy efficiency programs, and replace two older, coal-fired power plants with a more efficient, natural gas facility. The effort is also aimed to meet Colorado’s Renewable Energy Standard (RES). By the end of December 2015, Xcel Energy will be producing about 20 percent of its energy sales from renewable resources.
The company plans to pursue the following generation goals if approved by the Colorado Public Utility Commission (CPUC): --- Increase wind power resources by 800 megawatts by 2015. Xcel Energy would then have a total of approximately 1,900 megawatts in place. Colorado Xcel is currently the nation’s number one wind power provider, according to the company. --- Incorporate utility-scale solar power, starting with the acquisition of approximately 25 megawatts of capacity from a central solar power plant, then plan to bring the plant of up to 200 megawatts as technology develops. --- Pursue an additional 29 megawatts of onsite, customer-owned solar installations, as part of the company’s Solar*Rewards program. --- Increase participation in enhanced customer efficiency and conservation programs in Colorado. --- Retire/Replace four coal-burning units (at two power plants) with a highly efficient, natural gas generating facility to reduce carbon dioxide emissions by 1.4 million tons each year. The plants to be replaced total 229 megawatts of generation. The company has also committed to file an expedited resource plan in 2009, which would provide options and make recommendations to put the company on a path to reduce the utility’s greenhouse gas emissions by up to 20 percent by 2020. Xcel Energy is a major US electricity and natural gas company with regulated operations in eight Western and Midwestern states. (11/15/07)
Links: Xcel Energy
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: Yes
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