GE, Siemens, Utilities Take Hits From Coronavirus

Credit to Author: Darrell Proctor| Date: Mon, 27 Apr 2020 17:03:05 +0000

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Lincoln-Project-Combustion-Gas-Turbine-Delivery-Siemens

U.S. power plant operators continue to change procedures at their facilities, including pushing back scheduled maintenance, due to lockdowns and quarantines associated with the coronavirus pandemic. The changes are impacting companies such as General Electric (GE) and Siemens, which are major service providers to power plants, at a time when these global companies already are […]

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Xcel Selling Gas Plant; Proceeds Will Support Pandemic Relief

Credit to Author: Darrell Proctor| Date: Sun, 12 Apr 2020 19:32:25 +0000

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Xcel Energy on April 6 announced the sale of the 760-MW Mankato Energy Center (MEC) gas-fired power plant in Minnesota, less than three months after purchasing the plant for $650 million from Southern Co. Xcel had said the MEC was an important piece of the utility’s goal to be carbon-free by 2050. Xcel reached a […]

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Community Solar: Ready for the New Decade

Credit to Author: POWER| Date: Mon, 03 Feb 2020 05:29:47 +0000

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Community solar refers to local solar facilities shared by multiple subscribers who receive credit on their electricity bills for their share of the power produced. Community solar allows homeowners, renters

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Decarbonization: Utilities Leading the Way

Credit to Author: POWER| Date: Mon, 02 Dec 2019 05:00:00 +0000

The post Decarbonization: Utilities Leading the Way appeared first on POWER Magazine.

Decarbonization is a word that seems to be used quite regularly these days. For the power industry, it refers to the shift in electric generating resources from carbon-heavy coal to carbon-free nuclear or

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Xcel Announces Deal to Power Steel Mill with Solar

Credit to Author: Darrell Proctor| Date: Tue, 01 Oct 2019 17:45:50 +0000

The post Xcel Announces Deal to Power Steel Mill with Solar appeared first on POWER Magazine.

Xcel Energy has announced an agreement with Lightsource BP and EVRAZ North America to develop a $250-million, 240-MW solar power facility in Pueblo, Colorado. The plant will provide power to the EVRAZ Rocky Mountain Steel facility in Pueblo. Xcel said the plant will be the largest on-site solar facility dedicated to a single company. The […]

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State Agencies Object to Xcel Energy, Southern Power Deal

Credit to Author: Aaron Larson| Date: Thu, 15 Aug 2019 13:43:44 +0000

Xcel Energy’s effort to purchase a 760-MW natural gas combined cycle facility in Mankato, Minnesota, from Southern Power, a wholesale energy provider and subsidiary of Southern Company, is meeting resistance from two state agencies. The Minnesota Department of Commerce (DOC) and the Minnesota Office of the Attorney General (OAG) recommended the Minnesota Public Utilities Commission […]

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Investments in Storage Grow as Project Costs Come Down

Credit to Author: Darrell Proctor| Date: Wed, 24 Jul 2019 20:51:35 +0000

Venture capital investments in battery storage companies and projects rose significantly year-over-year through the first six months of 2019, according to a report from Mercom Capital Group. That level of activity is consistent with the growth in energy storage noted by speakers on July 24 at the Storage Week Plus conference in San Francisco, California. […]

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Xcel Sets Closure of Minnesota Coal Plants

Credit to Author: Darrell Proctor| Date: Wed, 22 May 2019 15:27:19 +0000

Xcel Energy on May 20 announced it would close its two remaining coal plants in Minnesota over the next decade, and the utility said it also wants to operate its Monticello nuclear plant in the state until at least 2040. Xcel, which is headquartered in Minneapolis, Minnesota, and serves electricity and natural gas customers in […]

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States Take Lead with Plans for 100% Carbon-Free Energy

Credit to Author: Aaron Larson| Date: Thu, 07 Mar 2019 14:44:24 +0000

Minnesota and Wisconsin recently joined the list of states aiming for a 100% clean-energy future, while some Illinois lawmakers are pushing for not only carbon-free power, but also 100% renewable energy. Minnesota Gov. Tim Walz (D) was the latest to announce a set of policy proposals designed to lead his state’s electricity sector to 100% […]

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Xcel Buys Minnesota Gas-Fired Plant

Xcel Energy said it will buy a natural gas-fired power plant in Minnesota from Southern Power, a subsidiary of Southern Co. The $650 million deal for the Mankato Energy Center puts Xcel in charge of a facility from which it has purchased power since the plant’s first unit came online in 2006. A second unit […]

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