Xcel energy opens bidding for peaking generation resources

Xcel Energy today opened a bidding process for 160 MW of electricity to meet growing demand for power during peak-use periods by its nearly 1.6 million electricity customers in the Upper Midwest.

The company requested proposals for power deliveries beginning May 1, 2011. Proposals are due Nov. 13, 2007. Xcel Energy expects to submit purchase power agreements to the Minnesota Public Utilities Commission for approval by May 2008.