In a filing with regulators, the utility also warned that COVID-19 could raise concerns: “While it is too early to determine the full impact of the pandemic, we have experienced and continue to anticipate a temporary loss of demand response participation from both residential and business customers over the next several months impacting our 2020 forecast.”. Demand response is part of the utility’s integrated resource plan, a lengthy document that outlines investments and its generation mix over several years. I write about nuclear, energy and the environment. All Rights Reserved, This is a BETA experience. Hydro and small modular nuclear reactors are also excellent for load-following renewables, but only the Pacific Northwest has sufficient hydro for that on a large-scale, and SMRs will take decades to deploy in sufficient numbers to take over from natural gas. Dominion Energy, Duke, NextEra Energy, Southern Company and Xcel Energy are investing billions of dollars along these lines. Learn more. Demand response allows utilities, in coordination with their customers, to shed, shape, and shift loads “while saving money for everybody,” he said. Xcel Energy-Colorado and its partners in the Hayden Generating Station will close the coal-fired plant's two units by 2028, years earlier than planned. I am a Trustee of the Herbert M. Parker Foundation, Adjunct at WSU, an Affiliate Scientist at LANL and consult on strategic planning for the DOE, EPA/State environmental agencies, and industry including companies that own nuclear, hydro, wind farms, large solar arrays, coal and gas plants. Xcel Energy, which owns the northwest Colorado plant with PacifiCorp and the Salt River Project, said in a statement Monday that Unit 2 of the plant will be retired by the end of 2027 and Unit 1 will be retired in 2028. - the gas industry supports almost 3 million jobs in the U.S. - we have lots and lots of domestic natural gas, more than anyone in the world, and enough for several hundred years. At this rate, gas will exceed 50% of the power mix by 2050, which may be a double-edged sword. Texas and New Mexico regulators approved the company’s $1.6 billion, 1.2 GW wind expansion plan in 2018. “We believe demand response is an important tool for creating a cleaner, more reliable grid and for opening opportunities to add more renewable energy to Minnesota’s generation mix,” she said. Uncaught ReferenceError: grecaptcha is not defined throws at https://my.xcelenergy.com/MyAccount/XE_Login?template=XE_MA_Template:47:21 Demand response mitigates the challenge of incorporating variable power sources such as solar and wind, he said. Just look at how Xcel Energy’s generation mix has changed since 2005 and is projected to change by 2030: wind is going from 9% to 60% of its mix (see figure below). Although a new name in the industry, Xcel is made up of companies familiar to EL&P's readers, including Northern States Power Co. (NSP), Southwestern Public Service, Public Service Company of Colorado and NRG Energy. This rig uses hydraulic feet to walk from one drill site to another and operates in West Texas. Xcel Energy, which owns electric and gas utilities featuring major wind and growing solar resources, is making a big commitment to renewable generation. EL&P proudly names Xcel Energy Inc., Minneapolis, as its Utility of the Year award winner in 2000. Learn more about our company’s commitment to using more clean fuels and our vision for a carbon-free future: —30+ days ago Xcel Energy, NextEra leading charge to add utility, merchant wind to energy mix Q3: U.S. Investing in low-cost clean energy now creates long-term economic opportunities for rural communities, reduces water use and helps Xcel Energy keep costs low for years to come. The Public Utilities Commission agreed, and last month required Xcel to provide greater detail by February on its plan. Choosing the course of renewables and gas, locks us into gas in a big way for decades, twice as long as it locks renewables, because of the difference in unit lifespans. The plan, required by the commission every four years to cost effectively meet the states growing energy needs, calls for a variety of new generating resources, including wind, natural gas and coal. Clean energy advocates believe demand response lessens the need for new fossil fuel power plants and potentially reduces generation demands on existing ones. Until recently, there was a waiting list, and now the program is again accepting new enrollees. “We believe demand response is an important tool for creating a cleaner, more reliable grid and for opening opportunities to add more renewable energy to Minnesota’s generation mix,” she said. © 2021 Forbes Media LLC. Coal will continue to decline as gas takes over its market share and environmental concerns prevent any new builds. Company-wide, renewables are 25% of our energy mix, and we estimate they will provide up to 60% of our generation by 2030 as we advance new plans to achieve our 80% carbon goal. I also consult for EPA/State environmental agencies and industry on clean-up of heavy metals from soil and water. Xcel Energy: Wind energy hits record high marks this spring ... Natural gas-fueled generation supplied 47% and coal-fueled generation made up 25% of the mix. To fund the pilot, Xcel was recently awarded a $10.5 million grant from the U.S. Department of Energy (DOE). Renewables have yet to break the 10% mark, but a new report from Morningstar suggests that renewables have the policy momentum to expand to well over 20% by 2030 to become the nation’s second most abundant source of electricity (see figure below). When utilities build power plants, they earn money through cost recovery. Demand response may become a more critical asset as utilities transition to clean energy sources. We have a plan to double hydro in America without building a single new dam. As a result, their 2019 delivered generation for customers has a capacity fuel mix of: Coal 1,590 MW; Natural Gas 1,561 MW; Oil 32 MW; Solar 43 MW; Wind 67 MW and Landfill Gas 3 MW. As a result, greenhouse gas emissions in America dropped to a 25-year low two years ago, although they are now rising again with increased economic activity and an ever-increasing number of gas-guzzling SUVs. Contact Customer Service. “I think it was giving some stakeholders and the commission a little bit of heartburn. It’s why the gas industry has been the major supporter of wind energy. The Sept 15. order came after the Advanced Energy Management Alliance, petitioned the commission to demand Xcel to offer more information on its demand response initiative before a 2023 deadline. About. Opinions expressed by Forbes Contributors are their own. Connecticut regulators want to pay utility customers to sync storage with demand, Colorado utility plots strategies to finish its push to carbon-free power by 2030, New Hampshire considering vehicle charging as gateway to time-of-use rates, In Minnesota, key energy lawmakers see potential despite divided Legislature, Online portal aims to be clearinghouse for community solar subscriptions, Michigan solar ruling could expand the role of residential energy storage, Proposals to prohibit natural gas bans may threaten cities’ clean energy goals, ‘Clean Cars’ coalition wants Virginia lawmakers to address tailpipe emissions, Ann Arbor to lobby Michigan legislature for power to choose electricity sources, Cities, states would lose voice on model energy code updates under proposal. Over the past fifteen years, coal has decreased from over 40% to 27% of our electricity generation and gas has increased from 17% to about 35%. The company’s plan to reduce carbon emissions by 80% by 2030 and 100% by 2050 will include demand response programs that lower customers’ energy use and shift peak load. Xcel contended in regulatory filings that it added demand response resources this year as part of its Conservation Improvement Program activities, which do not require commission approval. Renewables are currently 28% of our Colorado energy mix, and under the Colorado Energy Plan, we expect renewable energy to be 55% of our energy mix by 2026. Likewise, wind turbine technology is advancing that lengthens lifetimes and capacity factors. Natural Gas and Renewable Energy Top Morningstar’s 2030 Power Generation Forecast. “I think it was a fair initial reaction in that we’re coming up against a deadline and we haven’t seen a lot of detail,” said Benjamin Stafford, Clean Energy Economy Minnesota’s government affairs director. Our industry-leading programs give our customers affordable, cleaner energy options and more control over their energy use. The Advanced Energy Management Alliance’s attorney, Ingrid E. Bjorklund of Bjorklund Law, said Xcel will deliver more demand response details to the commission in November. This is a list of electricity-generating power stations in the U.S. state of Colorado, sorted by type and name.In 2019, Colorado had a total summer capacity of 16,592 MW through all of its power plants, and a net generation of 56,338 GWh. The Energy News Network is an editorially independent project of   Solar and Wind Power by the Numbers Path to Carbon-Free Power Generation by 2035 Natural gas together with wind power are predicted to capture the majority of electricity generation ... [+] by 2030. The resource plan does not outline specific proposals for meeting either goal. Xcel Energy plans to add 12 wind farms in seven states, leading to more than 11 GW on its system by 2021. Together, the demand response effort would equal or exceed the electricity output of Minnesota’s largest power plants. Wind will come along for a symbiotic ride, and together will rule America’s generation sector. Nearly four years after Minnesota regulators required Xcel Energy to develop hundreds of megawatts of new resources to cut peak electricity demand, little is known about the utility’s plans. Overall, the pluses outweigh the minuses for most of society, which is why gas is growing so rapidly and is now America’s power of choice. Demand response allows utilities to incent businesses and consumers to reduce their electricity usage during busy times and maintain grids during extreme events. “We know our customers want to do their part to save energy, and by expanding our successful demand response programs and introducing new programs, we will provide them with additional opportunities to save energy and money, while also reducing carbon,” Xcel said in a statement. 8 The 2019 increase in natural gas generation is associated with the acquisition of the Oleander and Stanton plants at the end of 2018. - gas is still a fossil fuel with ten times the carbon emissions of solar and 30 times those of wind or nuclear, - it requires an extensive network of pipelines, which no one wants in their backyard. Solar and wind, he said utility of the Oleander and Stanton at. Largest power plants industry on clean-up of heavy metals from soil and water the commission editorially independent of! 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