Xcel Energy-Colorado Proposes Transmission Line That Would Expand Access to Renewables
March 02 2021 - 12:51PM
Dow Jones News
By Josh Beckerman
Xcel Energy Inc.'s Xcel Energy-Colorado and its partners are
proposing a $1.7 billion plan to upgrade Colorado's high-voltage
transmission system, intending to bring more renewable energy onto
the grid and improve system reliability.
The proposed 560-mile, 345-kilovolt transmission line will
include five new segments to connect the Front Range to areas of
north central, eastern and southern Colorado. The company said
"these rural counties are rich with renewable energy resource
development potential, but do not currently have a network
transmission system that can integrate new resources needed to meet
the state's clean energy goals."
Xcel said the proposal supports its Clean Energy Plan, announced
Feb. 24, that will add 5,500 megawatts of new generation to the
Xcel Energy-Colorado system, primarily renewables.
The company is "working with energy partners across the state"
on the effort. If approved, construction is estimated to begin in
2023, with the first segments of the line potentially in-service by
2025.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
March 02, 2021 12:36 ET (17:36 GMT)
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