Xcel Energy (NYSE: XEL) is proposing to triple the amount of utility-scale solar generation in its Colorado power portfolio while also increasing wind energy and natural gas-fired power generation, according to a report from the Denver Post.
The company filed its energy plan Monday with the Colorado Public Utilities Commission, the report stated. The plan also includes permanently closing the Arapahoe coal-fired power plant in Denver by the end of 2013 and converting the Cherokee coal-fired facility in Denver to a gas-fired power plant by the end of 2017.
Xcel plans on adding 170 MW of utility-scale solar to the 80 MW currently in its portfolio, as well as adding 450 MW of wind power generation to its current wind power capacity of 2,650 MW. The company also plans on adding 317 MW of natural gas-fired power from existing Colorado plants to accommodate the intermittent nature of renewable energy generation, according to the Post.
The plan is scheduled to be considered by the commission by Dec. 9, the Post reported.
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