Xcel's New Plan: Coal-Free by 2030, Nuclear Until 2040

Xcel's New Plan: Coal-Free by 2030, Nuclear Until 2040
Ryan Dorgan/Casper Star-Tribune via AP, File

Xcel Energy said Monday it plans to shut its two remaining coal plants in the Upper Midwest a decade earlier than scheduled, putting the utility on pace to be coal-free in the region by 2030.

The company said it also intends to keep its nuclear power plant in Monticello, Minn., running until at least 2040 — 10 years beyond the expiration of its current license — as it expands wind and solar energy generation.

Xcel said it will submit its plan to the Minnesota Public Utilities Commission in July. If approved, the company said it would slash carbon emissions in the region by more than 80 percent by 2030, compared to 2005.

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