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).
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)
China Energy Engineering Corporation taps Huasun’s high-efficiency HJT solar modules for its 2024 projects. (Image Source: Huasun)
Saatvik Solar will supply GH2 Solar with bifacial PV modules over a 12-month period beginning January 2025. (Image Source: Saatvik Solar)