Xcel's 2021 Report Gives Glimpse Into Their Future Planning

The MN Public Utilities Commission has decided on Xcel recent Integrated Resource Plan (IRP), but here’s a glimpse ahead. Xcel Energy just released their 2021 Annual Report which might reveal the direction Xcel hopes to take with their future IRPs.

Overall, we need to see some more proof that Xcel trying to avoid actual investing in the things we need: solar, wind, geothermal, storage, demand response, and efficiency.

Here is the Main Page for Xcel’s 2021 Annual Report

https://s25.q4cdn.com/680186029/files/doc_financials/ar-interactive/2021-interactive/ar/HTML1/tiles.htm

Here is the Interactive Report where you can access the text

https://s25.q4cdn.com/680186029/files/doc_financials/ar-interactive/2021-interactive/ar/HTML1/default.htm


Click below to see some quotes from it:

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Xcel and CenterPoint enabling Climate Opposition

CenterPoint CEO receives a $37 Million salary while customers pay more. The company also ranks among the nation's worst in aggressive lobbying against climate polices

  

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My Personal Comments on the Proposed Inclusive Financing Pilot Project

(Click Here to view my comments posted on the official website and Click Here for the official Community Power reply comment)

In addressing my comments on Docket #21-377, I’d like the MN Public Utilities Commissioners to hear an appreciation for Tariff-Based Inclusive Financing (abbreviated as TBIF) as a rare and valuable path for us to act on climate in a way that doubles as economic and housing justice. I have talked with people in the community and collected signatures in favor of Inclusive Financing (coupled with an ask for workforce development) starting on Earth Day of 2016 for nearly 4 years until COVID-19 put a hiatus on in-person events. There is a reason why I found this to be a very refreshing conversation to have at community events with friends, acquaintances and new people. I’d like the commissioners to hear first-hand just how liberating it is to be able to pitch support for a pro-climate justice & pro-environment policy innovation that does not ask those of us struggling to get by to pay just a bit extra for something but instead has the power to reduce the marginal cost of living. The petition resulted in well over 1000 petition signatures being delivered to the Energy Vision Advisory Committee and the Minneapolis Clean Energy Partnership Board in 2021. 

 

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John Oliver Explains Electric Utilities with Humor

John Oliver explains electric utilities, why they're charging you so much, and why they hate solar

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The Minneapolis Clean Energy Partnership Board has its First Meeting of 2022, Notes on the Discussion Between the City and both Utilities

The first Minneapolis Clean Energy Partnership Board meeting of 2022 and its first meeting with City Councilmembers Aisha Chughtai and Lisa Goodman on the board took place virtually on Tuesday April 26th. It was not in person as expected due to continued COVID risk but one attendee noted that 38 community members listened in by phone.

The board meeting presentation referred to in this blogpost and the Partnership's workplan updates can be found here: https://mplscleanenergypartnership.org/april-26-2022/ 

The primary goal of the Minneapolis Clean Energy Partnership’s in its Memorandum Of Understanding is for the utilities Xcel and CenterPoint to achieve the City’s Climate & Clean energy goals.

THE NEW CARBON REDUCTION STANDARDS REQUIRE THE CITY TO ACCELERATE THIS WORK IN THE 2020’S

Mayor Frey began the meeting by stating “Reducing Carbon Footprint never has been more important”. The City has now adopted new emissions reduction standards that were established by Mayor Frey’s Pledge last October for “an equitable carbon budget to do our share in limiting Global Warming to 1.5 Celsius”. These “Scientific Fair share goals” will replace the city’s previous emissions targets from its 2013 Climate Plan and will require a much greater need for emissions reductions sooner. The new standards got have unanimous supported from both the Energy Vision Advisory Committee and the Community Environmental Advisory Committee. To illustrate the standards, there is a total carbon budget that we as a city could equitably emit between now and 2050 to do our share. If the city emits at 2019 levels, then we would run out of our carbon budget by 2029. Our current sight decarbonization rates will only bring that date out to 2030.

In sum, this means we need to vastly accelerate our work in the 2020’s. Business as usual will not get us to Net Zero.  

(Continue Reading by clicking below !)

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