Excel estimates no more coal by 2030

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Excel estimates no more coal by 2030

Glenco Power Plant

Glenco Power Plant

Glenco Power Plant

Glenco Power Plant

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A decade ahead of schedule, Xcel Energy plans to not use coal anymore by 2030. Minnesota’s largest utility company will submit its plan to the Minnesota Public Utilities Commission in July.

We’re showing how we can execute on our plans to achieve an 80 percent carbon reduction by 2030, which is an important milestone to our ultimate goal of 100 percent carbon-free electricity by 2050.”

— Ben Fowke, Xcel's CEO

Under the proposal, the Allen S. King coal-fired power plant in Oak Park Heights will close in 2028. The Sherco plant in Becker will close in 2030. They plan to build a natural gas plant on the Sherco site. The ahead of schedule timeline for the two coal-powered plants comes after Xcel reached an agreement with environmental and labor groups. They planned to purchase the Southern Power energy company’s Mankato Energy Center natural gas plant.

Sherco Power Plant

These are the largest greenhouse gas, carbon-emitting sources on Xcel’s system”

— Allen Gleckner, senior director of regulatory affairs and energy markets at Fresh Energy

 

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