To meet customers’ future energy needs, Xcel Energy-Colorado Oct. 16 proposed a plan for identifying new power generation that will replace its retiring coal units.
“Today’s proposal represents an important step in meeting our shared clean energy objectives, Xcel Energy-Colorado President Robert Kenney said. “We are committed to helping our employees and the communities where these plants are located as we continue to responsibly move away from coal.”
Xcel Energy-Colorado’s Clean Energy Plan — approved by the Colorado Public Utilities Commission (PUC) — includes the retirement of the company’s last remaining coal generation plants in Hayden and Pueblo, Colo. Hayden Station will retire by 2028, and Comanche Generating Station in Pueblo will retire by the end of 2030 with reduced operations beginning in 2025.
The new plan, entitled Just Transition Solicitation, is the first step in a two-phase regulatory process that sets the stage for the company to seek new power generation project bids, likely beginning by the end of 2025. It proposes additional value for locating future new power generation in Hayden and Pueblo as part of Xcel’s commitment to the communities that host coal plants today, the company said.