30 Aug '17, 3pm

Less Coal, More #Renewables: Xcel and Groups Propose Colorado #Energy Plan

Less Coal, More #Renewables: Xcel and Groups Propose Colorado #Energy Plan

Minneapolis-based Xcel Energy has unveiled its Colorado Energy Plan, an initiative that could lead to $2.5 billion in clean energy investments in rural Colorado, as well as the early retirement of two coal plants in the state. In a newly filed stipulation with a broad coalition of over a dozen groups, the utility company asked the Colorado Public Utilities Commission (CPUC) to approve the plan, which proposes what Xcel calls a “proactive and widely supported electricity generating portfolio” to augment the company’s current 2016 Electric Resource Plan. Importantly, the Colorado Energy Plan would be advanced only if the resulting portfolio of resources reduces, or at least does not increase, the cost of energy to Xcel Energy’s Colorado customers, the company says. “As the state’s largest utility, it is important to us that we also support rural areas in Colorado, and this p...

Full article: http://solarindustrymag.com/less-coal-renewables-xcel-gro...

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