A polluting, coal-fired power plant found the key to solving America's biggest clean energy challenge [CNN]
Xcel Energy Inc. (XEL)
Last xcel energy inc. earnings: 1/30 06:00 am
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Source: CNN
The polluting coal plant is on its way out, scheduled for retirement in the next five years. It's generated billions of dollars' worth of electricity in its 50-year life, but the most valuable of its parts is the plug — how it connects to the grid that powers our homes. Ad Feedback Instead of letting it go to waste as the fossil fuel plant closes, Xcel Energy is going to leave it plugged in to connect the largest solar project in the Upper Midwest, and one of the largest in the entire country, directly to the grid. Repurposing the so-called interconnection system is short-circuiting what could have been seven years of bureaucracy and red tape to get this electricity distributed to its customers. Experts say this is the secret to solving America's clean energy dilemma: There is more electricity from clean energy waiting to get connected to the grid than the entire amount of energy currently on the grid. The years-long delays are an existential threat to many projects' chances
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XEL
News
- US nuclear repository is among the federally owned spots identified for renewable energy projects [Yahoo! Finance Canada]Yahoo! Finance Canada
- US nuclear repository is among the federally owned spots identified for renewable energy projects [Financial Post (Toronto, Ontario, Canada)]Financial Post
- US nuclear repository is among the federally owned spots identified for renewable energy projects [Yahoo! Finance Canada]Yahoo! Finance Canada
- US nuclear repository is among the federally owned spots identified for renewable energy projects [Yahoo! Finance]Yahoo! Finance
- Xcel Energy Inc. (NASDAQ: XEL) had its price target raised by analysts at KeyCorp from $65.00 to $66.00. They now have an "overweight" rating on the stock.MarketBeat
XEL
Earnings
- 8/1/24 - Miss
XEL
Sec Filings
- 8/30/24 - Form 4
- 8/20/24 - Form 4
- 8/1/24 - Form 10-Q
- XEL's page on the SEC website