PUC Approves Renewable Energy Generation Plan In Colorado
Author: Source: Datetime: 2018-08-28 12:22:01
The local Denver Post reported that PUC had approved the plan on Monday at 2-1. Based on the Utilities 2016 Power Resources Plan - 120 days report, the latest version was first proposed in June. Energy-Storage.news reported at the time that in addition to accelerating the retirement of Comanche 1 and Comanche 2 coal-fired power generation facilities, Xcel claimed that the program could save customers about $215 million, attracting $2.5 billion in investments in eight counties in the state to 2026. In the year, Colorado's renewable energy is close to 55%.
“This 120-day report provides an opportunity for the Commission to continue to transform the public service generation portfolio in a way that simultaneously achieves economic and environmental benefits,” Xcel Energy wrote in the paper.
Other highlights of the program include efforts to increase the “operational flexibility” and reliability of power systems by pairing power generation with battery storage and flexible natural gas generation.
As a result, the program will add 1,100 MW of wind, 700 MW of solar power generator solar energy and at least 275 MW of energy storage. Xcel will “embed all solar energy plus storage projects” and rely on 380 MW of existing flexible gas to generate electricity. Xcel will have approximately 50% of new renewable energy generation capacity and 380 MW of natural gas, which will account for approximately 58% of utility schedulable and semi-schedulable resources.
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