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Colorado Hits Pedal on Transition from Coal with Nearly $3 Billion in Renewable Projects

Colorado Hits Pedal on Transition from Coal with Nearly $3 Billion in Renewable Projects

SUGAR LAND--November 22, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Colorado's legislators are pushing harder than those in other Rocky Mountain states to reduce its reliance on coal-fired power generation, and power producers are making strides in adopting new sources. While coal provided just more than 50% of Colorado's net generation in 2017, according to the U.S. Energy Information Administration (EIA), renewables had more than doubled since 2010 to nearly 25% of the state's output, led by wind power. Industrial Info is tracking nearly $3.5 billion in active power-generation projects in Colorado, more than 80% of which is renewable-sourced.

Within this article: Details on some of the highest-valued energy projects in Colorado, including wind, solar and hydropower plans from companies such as Xcel Energy Incorporated (NASDAQ:XEL), Tri-State Generation & Transmission Association, Duke Energy Corporation (NYSE:DUK), NextEra Energy Incorporated (NYSE:NEE) and Cypress Creek Renewables LLC.

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