Xcel Energy utility plans to file application this spring for 600-MW wind project in Colorado

An Xcel Energy (NYSE:XEL) spokesperson has confirmed that the company’s Public Service of Colorado utility could start filing state applications for a 600-MW wind power project as early as May.

The project would be built in eastern Colorado. It would utilize Vestas wind turbine technology. If the utility receives timely approvals from agencies such as the Colorado Public Utilities Commission, then the company would expect to have it in operation before the end of 2018, an Xcel spokesperson told GenerationHub on April 14.

Public Service of Colorado President David Eves told reporters of the Xcel Energy plans to develop the wind project during an American Wind Energy Association (AWEA) news conference on April 12. AWEA was releasing its report on the U.S. wind industry for 2015.

Xcel Energy has been honored by AWEA for being a leader in utility wind energy, the company spokesman said. Up until now, however, Xcel Energy has relied on power purchase agreements for wind energy. This would be a move into direct ownership of a wind power project, the Xcel spokesperson said.

Xcel Energy has not yet issued a formal news release, nor has it filed a formal application with the state, the spokesperson told GenerationHub.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.