Xcel Energy proposes a clean energy plan for the Upper Midwest, targeting over 80% carbon reductions by 2030 and potentially 88%, aligning with Minnesota’s 2040 carbon-free standard. The proposal extends the life of carbon-free nuclear plants, adds 3,600 MW of wind and solar, 600 MW of battery storage, and over 2,200 MW of always-available resources. The proposal aims to unlock $5.7 billion in tax credits for renewable energy and to keep customer expenses low. Serving five states, Xcel anticipates significant regional electric use growth. Xcel highlights past successes, saving $1.6 billion through wind farms. The company emphasizes a smooth transition for coal plant closures, with no layoffs, committing to supporting employees and communities throughout the process.
Xcel Energy proposes Clean Energy Plan for the Upper Midwest
Xcel Energy’s Clean Energy Plan for the Upper Midwest strives for 88% carbon reduction, combining nuclear, wind, solar, and energy storage. (Image Credit: Xcel Energy).
The Crux platform facilitated SolarEdge’s first sale of §45X tax credits, generated by U.S. inverter production in 2024. (Image Credit?Source: PublicDomainPictures/Pixabay )
With advanced cybersecurity and a 15-year warranty, Enphase’s IQ8 Microinverters are set to offer long-lasting value in Romania. (Image Source: Enphase Energy)
CEC’s IEC certifications ensure Hanersun modules withstand tough Australian environmental conditions. (Image Source: Hanersun)
Solar Simplified’s subscription management expertise aims to reduce high churn rates for LastMile Energy’s PV projects in Massachusetts. (Image Source: Solar Simplified)