Xcel Energy-Colorado positioned to lead clean-energy transition, new president says

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Xcel Energy-Colorado positioned to lead clean-energy transition, new president says
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The company has pledged to slash its greenhouse-gas emissions 85% by 2030.

Xcel and other utilities in Colorado are striving to meet their own goals and keep in line with those set by state lawmakers. The Colorado General Assembly’s plan is to cut heat-trapping emissions statewide 26% by 2025; 50% by 2030; and 90% by 2050, compared to a 2005 baseline.was 33% wind; 32% coal; 29% natural gas; and 5% solar. Xcel expects to be at more than 80% renewables by 2030.

Critics of coal in general and Comanche 3 in particular said in recent Colorado Public Utilities Commission hearings that the plants should be shut down sooner. Critics contend that as more people install solar to take advantage of declining costs, customers who remain on Xcel’s system will end up paying a bigger share of the overall expense.

The company is focused on reducing methane emissions across its system, Kenney said. Methane, the main component of natural gas, is a more potent greenhouse gas in the short term than carbon dioxide.

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