Transmission Access Drives Development of Renewable Projects at Coal, Nuclear Sites
Industry Segment: Power | Word Count: 1079 Words
SUGAR LAND, TEXAS May 12, 2021 Written by John Egan for Industrial Info Resources (Sugar Land, Texas) NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) in late-March announced plans to build a 690-megawatt (MW) solar power plant adjacent to its closed Duane Arnold nuclear plant in Iowa. A few weeks later, Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota) said it was partnering with National Grid Renewables (Bloomington, Minnesota) to build a 460-MW solar power plant on the site of its soon-to-be closed Sherco coal-fired power plant in Minnesota.
Xcel s Renewed Emphasis on Renewables Puts Wind in its Sales
Industry Segment: Power | Word Count: 678 Words
Attachment: Xcel4Q20
SUGAR LAND February 1, 2021 Researched by Industrial Info Resources (Sugar Land, Texas) Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota) weathered a rough 2020 and managed to grow its profits 6% from the previous year, despite a pandemic-fueled drag on sales. The electricity provider was one of the first in the U.S. to target an entirely clean power portfolio by 2050, and its foresight might pay off as a new presidential administration gets serious about renewable energy. Industrial Info is tracking $4.3 billion worth of active projects from Xcel, about $1.7 billion of which is attributed to wind-generation projects, most of which are under construction.
Princeton Study: A Net-Zero Greenhouse Gas Emissions Economy is a Job Creator
Industry Segment: Power | Word Count: 1253 Words
SUGAR LAND January 20, 2021 Written by John Egan for Industrial Info Resources (Sugar Land, Texas) President-elect Joe Biden campaigned on transitioning to a net-zero greenhouse gas emissions economy by 2050. Fighting climate change, along with defeating the COVID-19 pandemic, are expected to be among the primary goals of the incoming administration. In recent years, goals for net-zero emission of greenhouse gases have been adopted by a number of energy companies, including Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, The Netherlands), BP plc (NYSE:BP) (London, England) and Occidental Petroleum Corporation (NYSE:OXY) (Los Angeles, California). A growing number of utilities, companies and airlines also have signed on, to decarbonize the U.S. economy over the next three decades.