By Catherine Morehouse, Utility Dive
Colorado’s Public Utility Commission (PUC) voted unanimously on Monday to give preliminary approval to Xcel Energy’s Clean Energy Plan, which would see the utility close 660 MW of coal-fired generation a decade earlier than scheduled and shift to renewable resources. Under the plan, Xcel will close units 1 and 2 at the Comanche Generating Station in Pueblo and invest $2.5 billion in renewable energy and battery storage. The utility expects the plan to save ratepayers $213 million. In January, the utility solicited notably low bid prices for wind-plus-storage, $21/MWh, as well as $36/MWh for solar-plus-storage, some of the lowest bids for renewable energy plus storage on record. Read more here.
Image credit: Flickr; Energy.gov
- ‘Steel for fuel’: Xcel CEO Ben Fowke on his utility’s move to a renewable-centric grid, Utility Dive
By 2021, Xcel expects wind to be its single largest energy resource — and that means big changes to grid operations.
- Colorado trades away coal and gas for solar+wind+storage, PV Magazine
The Colorado PUC has voted to provide initial approval of a plan to retire 660 MW of coal early, and not build any new gas, instead constructing over 1 GW of wind, 700 MW of solar pv and
275 MW / 1.0 GWh of energy storage.
- Xcel Gets Good News On Coal, Renewable Energy Plans In Colorado, Solar Industry
- Falling Renewables Prices Present ‘Unprecedented Opportunity’ For Western Co-ops, North American Windpower. To illustrate the importance of this broad regional trend, RMI produced a case study of Tri-State Generation and Transmission Association, a nonprofit, member-owned cooperative utility that provides power to more than 1 million consumers in Colorado, Nebraska, New Mexico and Wyoming . . . According to RMI, the results of the study are consistent with the broader market trends illustrated though publicly available contract prices for new renewable resources in the Mountain West.
ADDITIONAL RECOMMENDED READING
- Why a Minnesota apartment project is a pioneer in solar development, Midwest Energy News
A Twin Cities developer who recently completed one of Minnesota’s largest residential solar energy projects hopes that it serves as a model for future multi-family developments.
- Solar companies flock to Illinois, bringing jobs, enthusiasm and some questions, Midwest Energy News. Illinois’ Future Energy Jobs Act “mandates the state develop about 3,000 MW of solar by 2030.”
- Wells Fargo Commits $5 Million to Establish GRID Alternatives’ Tribal Solar Accelerator Fund,
- Facebook rolls out plan for carbon cuts and 100% renewable power, Axios
- Industrial owners: Monetize that rooftop with community solar, REJournals
- New York unveils new toolkit to drive solar on brownfields, Utility Dive
The New York State Energy Research and Development Authority (NYSERDA) released new guidance for municipalities developing solar projects on landfills or brownfields, to maximize expansion on underutilized land and the state’s efforts to increase renewable generation.