Feb. 7, 2008: Xcel's CEO Bullish on Renewables, Cutting CO2

While some utilities worry about future mandates on renewable energy and carbon caps, Xcel Energy is eager to pursue clean energy.

Associated Press
Xcel's CEO Bullish on Renewables, Cutting CO2
By Judith Kohler
Feb. 7, 2008
http://www.in-forum.com/ap/index.cfm?page=view&i...

Some utilities are fighting mandates for renewable energy. Xcel Energy has embraced the trend and would like to see some national standards on renewables for utilities.

Xcel Energy leads all investor-owned utilities in the amount of wind power on its system. In Colorado, Xcel Energy gets more than 10 percent of its power from wind and aims to get 20 percent from all renewable energy sources by a state deadline of 2020.

"Our intent is to push it to the max," said Dick Kelly, Xcel Energy chief executive and president. "Whether that's 20, 25 percent, 30 percent."