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Xcel Energy Prepares to Issue RFPs for Renewable, Carbon-Reduction Projects

Xcel Energy Prepares to Issue RFPs for Renewable, Carbon-Reduction Projects

May 12, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota) was ahead of the game when it announced its carbon-reduction plan in December 2018, aiming for 100% carbon-free electricity by 2050, with an interim goal of an 80% reduction by 2030. The company is taking steps toward this goal with plans for its service territories in Minnesota and Colorado, and is preparing to issue requests for proposals (RFPs) for these projects as the year progresses.

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