Xcel Energy has asked the Colorado Public Utilities Commission (CPUC) to approve a plan that could lead to up to 1.7GW of new renewables capacity in the US state.
The Colorado Energy Plan, filed together with a coalition of 14 groups, has the potential to develop about 1GW of wind energy and 700MW of solar capacity.
It also calls for the early phase out of two coal-fired power plants totalling 660MW in southern Colorado.
The new proposals would augment Xcel’s existing 2016 Electric Resource Plan, the company said.
The new projects would be identified through a competitive acquisition process that will be launched soon, Xcel said.
It is seeking approval from CPUC for the plans by the end of 2017.
Xcel Energy Colorado president David Eves said: “The proposal could increase renewable energy to 55% by 2026, save customers money, and dramatically reduce carbon and other emissions.”
Image: Xcel Energy