Tuesday, February 6, 2018

NYT: Why a Big Utility Is Embracing Wind and Solar

This article follows an earlier report by Lazard:

"Xcel Energy is a utility company with millions of electric customers in the middle of the country, from Texas to Michigan. In booming Colorado, the company asked for proposals to construct big power plants using wind turbines and solar panels.

The bids have come in so low that the company will be able to build and operate the new plants for less money than it would have to pay just to keep running its old, coal-burning power plants."

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