Xcel Energy has proposed a new clean energy plan for the Upper Midwest that advances the company’s ambitious carbon reductions while ensuring customers continue to have the reliable, safe and affordable electric service they depend on.
Under the proposal, carbon emissions reductions are expected to exceed 80% by 2030, potentially reaching up to 88%.
As part of its plan, Xcel Energy is proposing to extend the operating life of its two Prairie Island Nuclear Generating Plant units by 20 years, to 2053 and 2054, and the Monticello Nuclear Generating Plant by 10 years, to 2050.
This positions the company well to meet Minnesota’s new carbon-free standard for 2040 and continues on a path to achieving the clean energy goals of all Upper Midwest states it serves.
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