29 Oct '13, 2pm

Xcel Energy Two-Faced on Value of Solar Power

Xcel Energy Two-Faced on Value of Solar Power

Two weeks ago, I listened — incredulously — to Minnesota’s largest utility, Xcel Energy, suggest that solar energy offers its ratepayers no value as an environmental hedge against carbon emissions or as a price hedge against natural gas fuel price fluctuations. (See and share the infographic related to this post .) But just three days later, Xcel was singing a different tune [docket pdf] to the state’s public utilities commission. In fact, the utility was touting the benefits of its nuclear power capacity, because (in the words of James Alder of Xcel Energy): “It provides the Company and its customers a valuable hedge against potential increases in fossil fuel costs.” (p. 9) It avoids emissions of sulfur dioxide, nitrogen oxide, and carbon dioxide (chart on p. 9) It is “strategically located [close to] our largest load center” (p. 10) Without it, “future levels of natural ...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2013/10...

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