Xcel Energy to add more solar power in Colorado
The utility filed its plan for meeting the standard, which requires 20 percent of its energy to come from renewable resources by 2020. The solar power would be added through a program in which Xcel buys renewable energy credits from customers who install solar power systems.
Xcel Energy's plan also includes about 700 megawatts of new wind power and about 350 megawatts of utility-scale solar power plants.
Gov. Bill Ritter praised Xcel for planning to add more than three times the amount of solar photovoltaic resources than the law requires.
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WASHINGTON - New public and private funding and expected strong federal power plant emissions reduction standards have accelerated electricity sector investments in carbon capture, utilization and storage,’ or CCUS, projects but some worry it is good money thrown after bad.
CCUS separates carbon from a fossil fuel-burning power plant’s exhaust for geologic storage or use in industrial and other applications, according to the Department of Energy. Fossil fuel industry giants like Calpine and Chevron are looking to take advantage of new federal tax credits and grant funding for CCUS to manage potentially high costs in meeting power plant performance requirements, including…
