Working directly with Xcel and with our “Clean Energy Organizations”, or CEO, partnership, Fresh Energy used for the first time in Minnesota the same utility inputs and modeling Xcel uses. We analyzed options for closing the Sherco 1 and 2 coal plants and replacing them with vast amounts of cost-effective energy efficiency, wind, and solar power. Our independent analysis demonstrated that Xcel’s cheapest course of action—and the lowest in carbon—was the retirement and replacement of these two units, which are the biggest sources of global warming pollution in the Upper Midwest. Xcel agreed with our analysis, and completely revised its 15-year plan to reflect those economic opportunities. Fresh Energy applauds the unanimous Minnesota Public Utilities Commission decision to modify and approve Xcel’s 15-year Resource Plan as the affordable, reliable, and clean path forward for Minnesota customers.
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Minnesota Public Utilities Commission unanimously approves Xcel’s 15-year plan
Today, the Public Utilities Commission held its final hearing and unanimously approved with modifications Xcel Energy’s 15-year energy plan (Integrated Resource Plan). After two years of rigorous study, Xcel Energy proposed a Midwest-leading energy plan for the next 15 years – doubling the amount of wind and solar on its system and taking significant strides to reduce coal with the retiring of Sherco units 1 and 2 in the mid-2020s. Xcel’s proposed energy plan saw broad support from customers, including over 10,000 Minnesotans; cities of Becker, Red Wing, and Minneapolis; Sherburne County; clean energy organizations, and the St. Paul Area Chamber of Commerce.