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Xcel Energy Submits IRP to Provide Path to Achieve 100 Percent Carbon-free Energy by 2050

LCG, July 9, 2019--Northern States Power Company, doing business as Xcel Energy, submitted its 2020-2034 Upper Midwest Integrated Resource Plan (IRP) to the Minnesota Public Utilities Commission on July 1. Xcel Energy (Xcel) states that the IRP "charts the path toward achieving some of the most ambitious carbon reduction goals of any utility in the U.S. Specifically - we aim to reduce carbon emissions 80 percent by 2030, and provide 100 percent carbon-free energy by 2050."

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Interest in Eastern Offshore Wind Projects Rising

LCG, July 5, 2019--Two bills were introduced in the U.S. Senate last week to extend the federal Investment Tax Credit (ITC) for offshore wind energy. Federal subsidies, together with offshore wind technology advances and states' plans to increase renewables, may spur rapid investments in offshore wind.

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Industry News

Detroit Edison's Application for Fermi 3 Reactor Receives Support from NRC

LCG, January 18, 2013--The U.S. Nuclear Regulatory Commission (NRC) recently announced the staff's recommendation to the Commission that, based upon environmental considerations, the construction permit and operating license (COL) be issued as proposed for Enrico Fermi Unit 3. The reactor would be installed at the Detroit Edison Enrico Fermi Atomic Power Plant (Fermi) site, located approximately 30 miles southwest of Detroit, Michigan.

Detroit Edison submitted its application for a COL to the NRC in September 2008. The reactor design selected for the project is the GE-Hitachi Economic Simplified Boiling Water Reactor (ESBWR) design.

The NRC staff recommendation is based on the application, including the Environmental Report submitted by Detroit Edison; consultation with Federal, State, Tribal, and local agencies; the staff's independent review; and the staff's consideration of comments related to the environmental review that were received during the public scoping process and on the draft EIS.

The existing nuclear reactor, Fermi 2, is a boiling water reactor rated at 1,116 MW that began commercial operation in January 1988.
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