Forrest Czarnecki Kira Puntenney-Desmond, left, and David Peterson, right, with Colorado State University check stream gauges on seasonal streams in the Poudre Canyon west of Fort Collins in September 2020. The pair works with the university to track and record seasonal stream flows in the largest river system in the northern part of the state, which are an important part of water supplies. (Forrest Czarnecki/The Gazette)
Forrest Czarnecki
Dive Brief:
Xcel Energy on Tuesday announced plans to invest $1.7 billion in transmission in order to unlock 5,500 MW of largely new renewables projects in its Colorado footprint.
The proposal includes five new segments of high voltage transmission lines to connect more rural, renewables-heavy areas with more urban regions of the state. In total, the proposal would comprise a 560 mile, 345 kV transmission line that will allow the utility to reduce emissions in its Colorado territory by an estimated 85% below 2005 levels by 2030.
Xcel executives in the company s most recent earnings call had said the utility would be able to reduce emissions across its entire footprint 80% by 2030, in line with its current carbon reduction targets.
Xcel proposes $1 7 billion in power lines connecting cities to rural wind and solar bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.