SIOUX FALLS, S.D. (KELO) — South Dakota is one of five states that will be part of an upcoming clean energy plan for the upper Midwest.
According to Xcel Energy, plans will reduce carbon emissions by 80 percent by retiring all coal plants by 2030. The company will continue to use their two carbon-free nuclear plants while adding more wind and solar energy to their existing systems.
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The company will ensure customers continue to have reliable and safe electric service. To keep the costs low for customers, Xcel will unlock $5.7 billion in tax credit savings from the Inflation Reduction Act for renewable generation and energy storage additions.
Electric use in the upper Midwest is expected to grow in their service area. In addition to South Dakota, Minnesota, North Dakota, Wisconsin and Michigan are also taking part. This plan will meet the needs of the increase of customers.
The company’s goal is to provide 100 percent carbon-free electricity in the next two to three decades.