Colorado OKs 5 percent Xcel rate increase
The state Public Utilities Commission said electric bills for Xcel's small-business customers will rise by about $4.42 a month.
The total rate increase is $112.2 million, or about 5 percent. Xcel had asked for $159.3 million.
Minneapolis-based Xcel is Colorado's largest electric utility with 1.4 million customers.
Earlier, Xcel proposed a $180.2 million rate increase to start January 1, on top of the increase that was approved.
Xcel says that request would increase typical monthly residential customer's bill by $4.98 and the typical small-business customer's bill by $5.40.
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UK must start construction of large-scale storage or fail to meet net zero targets.
LONDON - The U.K. government must kick-start the construction of large-scale hydrogen storage facilities if it is to meet its pledge that all electricity will come from low carbon sources by 2035 and reach legally binding net zero targets by 2050, according to a report by the Royal Society.
The report, "Large-scale electricity storage," published Sep. 8, examines a wide variety of ways to store surplus wind and solar generated electricity—including green hydrogen, advanced compressed air energy storage (ACAES), ammonia, and heat—which will be needed when Great Britain's supply is dominated by volatile wind and solar power.
It concludes that large scale…
