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Expert Insight

Xcel Commits to Carbon-Free 2050

Author(s): Greg Gershuny
Interim Director, Energy and Environment Program
The Aspen Institute
Date: December 18, 2018 at 10:28 AM

Minneapolis-based public utility Xcel Energy announced that it will be completely carbon-free by 2050. California’s SB100, which passed earlier this year, sets a similar goal for the state by 2045, but Xcel is the first utility in the nation to set a goal this bold. Xcel has already taken steps to become more sustainable. In 2017, 40% of Xcel’s electricity generation was carbon-free, with much of that coming from wind and nuclear power. According to its website, Xcel intends to double the wind power it generates by 2022 and plans to retire 40% of its coal capacity by 2027. Xcel… [more]

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