Xcel Energy

All Xcel coal plants cheaper than its gas plants in Colorado

Each of Xcel’s 10 Colorado coal plants generates less expensive electricity than any of its six Colorado gas plants. Despite the glut of natural gas, fuel costs are generally lower at the coal plants. You can ignore the green line supposedly showing that wind is cheaper than all since subsidized and unreliable wind needs to be backed up by the coal and gas plants. Amazingly, Xcel has announced it plans to shutter its coal plants! The chart below is from an article written by Ron Lehr, former chairman of the Colorado Public Utilities Commission.

Source: EnergyInnovation.org Web | PDF

BURN MORE COAL to Xcel Energy: Not so fast on exiting coal

Xcel Energy CEO Ben Fowke recently announced with great fanfare that his utility would be zeroing-out CO2 emissions by 2050. We ask Fowke whether this is really the type of announcement the CEO of a publicly-owned company should really be making.

Continue reading BURN MORE COAL to Xcel Energy: Not so fast on exiting coal

Virtue Signaling: Xcel Energy CEO announces goal of zero CO2 emissions by 2050

A goal without a purpose. The world is building 1,200 new coal plants that will be operating in 2050. The technology to meet a zero-emissions goal does not exist. Xcel Energy CEO Ben Fowke won’t be CEO in 2050. But… virtue signaling.

Sources: 1. AP Web | PDF 2. Xcel Media release Web | PDF