Nygaard Final USC Presentation
Solar as Part of our Resource Mix
Dan Nygaard VP Marketing Xcel Energy
Xcel Energy Inc. Northern States Power Company Minnesota
Northern States Power Company Wisconsin
Public Service Company of Colorado
Southwestern Public Service Company
Gas Customers Electric Customers
1.9 M 3.4 M
Xcel Energy is a Clean Energy Leader No. 1 wind provider Top-ten utility for solar capacity Leader in emission reductions
95
Xcel Energy CO2 Emissions (millions of tons)
90 85 80
31% Reduction 2005-2020
75 70 65 60 55 2005
2020
Solar in Colorado Solar*Rewards: 24,000 systems, 223MW Solar*Rewards Community 14 gardens. 9.5 MW
Central Solar: 87 MW online 170 MW under construction Lowest cost solar resource
Xcel Energy Colorado Solar*Rewards Additions (MW) 52 38 29 13 2
44 32
20
4
2006 2007 2008 2009 2010 2011 2012 2013 2014
Solar in Texas/New Mexico ▬ 50MW on system ▬ 140 MW New Utility Scale Project
($42 per MWH)
MN Diverse Energy Supply Portfolio
2015
2030
Minnesota Integrated Resource Plan 1,800 MW Wind additions: 600 MW by 2020 & 1,200 MW by 2030
2,400 MW Solar additions: 1,700 MW of large-scale and 700 MW of customer-driven small-scale
Nuclear: Operate Monticello and Prairie Island plants through their current licenses
Coal: Gradually decrease reliance on all units through 2030
2,000 MW Natural Gas Generation Additions by 2030
7
Dan Nygaard VP Marketing Xcel Energy
Xcel Energy Inc. Northern States Power Company Minnesota
Northern States Power Company Wisconsin
Public Service Company of Colorado
Southwestern Public Service Company
Gas Customers Electric Customers
1.9 M 3.4 M
Xcel Energy is a Clean Energy Leader No. 1 wind provider Top-ten utility for solar capacity Leader in emission reductions
95
Xcel Energy CO2 Emissions (millions of tons)
90 85 80
31% Reduction 2005-2020
75 70 65 60 55 2005
2020
Solar in Colorado Solar*Rewards: 24,000 systems, 223MW Solar*Rewards Community 14 gardens. 9.5 MW
Central Solar: 87 MW online 170 MW under construction Lowest cost solar resource
Xcel Energy Colorado Solar*Rewards Additions (MW) 52 38 29 13 2
44 32
20
4
2006 2007 2008 2009 2010 2011 2012 2013 2014
Solar in Texas/New Mexico ▬ 50MW on system ▬ 140 MW New Utility Scale Project
($42 per MWH)
MN Diverse Energy Supply Portfolio
2015
2030
Minnesota Integrated Resource Plan 1,800 MW Wind additions: 600 MW by 2020 & 1,200 MW by 2030
2,400 MW Solar additions: 1,700 MW of large-scale and 700 MW of customer-driven small-scale
Nuclear: Operate Monticello and Prairie Island plants through their current licenses
Coal: Gradually decrease reliance on all units through 2030
2,000 MW Natural Gas Generation Additions by 2030
7
