Facebook TAGS By Digital AIM Web Support – February 22, 2021 Local NewsBusiness Pinterest Twitter Xcel Energy Sets Another Single-Year Record in Carbon Reduction MINNEAPOLIS–(BUSINESS WIRE)–Feb 22, 2021– For the second year in a row, Xcel Energy has hit a significant milestone in its quest to deliver 100% carbon-free electricity to customers by 2050. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210222005590/en/ Xcel Energy Fuel Mix 2019-2020 (Graphic: Business Wire) The company broke its own record for a single-year drop in emissions in 2020, cutting carbon emissions company-wide by approximately six million tons, a 12% reduction over 2019 levels. That’s equivalent to taking nearly 1.2 million cars off the road for a year. In 2019, Xcel Energy achieved a 10% reduction over the previous year. Since 2005, the company has reduced carbon emissions by 51% as it leads the nation’s clean energy transition. Xcel Energy’s 2020 carbon reductions outpaced the industry, which is ahead of any other part of the economy. At the end of 2020, it is estimated the U.S. electric power sector had reduced carbon emissions just under 40% from 2005 levels, according to data from the U.S. Energy Information Administration. “We’re making tremendous progress towards delivering on our clean energy goals,” said Ben Fowke, chairman and CEO of Xcel Energy. “Even after factoring in the effect of the global pandemic on our operations, we are well on our way to achieving our goal of reducing carbon emissions 80% by 2030 and are more than halfway to delivering 100% carbon-free electricity to our customers, all while keeping their service reliable and energy bills low.” Several factors contributed to the 2020 carbon reduction results. Xcel Energy continued to significantly increase wind generation on its system, becoming one of the first energy providers in the United States to reach 10,000 megawatts of wind energy capacity online for customers in the states it serves. The company added more than 800 megawatts of new wind projects in late 2019, in addition to bringing nearly 2,200 megawatts of new wind projects online in 2020. By the end of 2021, Xcel Energy estimates that approximately 35% of its energy will be from wind. Through the company’s wind expansion, it has delivered approximately $430 million in fuel savings to its customers from 2017 to 2020. Thanks to having more wind and solar on its system, the company recorded a 12% reduction in megawatt hours from coal and natural gas generation. To support its growing renewable energy portfolio, it is using cleaner natural gas as backup and pushing the envelope in operating its remaining coal plants to follow the wind and sun. Xcel Energy’s two nuclear plants in Minnesota had another excellent operating year, providing a steady supply of 100% carbon-free power. The pandemic also played a role in reducing the company’s electricity sales by an estimated 3% for the year and contributing to lower carbon emissions. About Xcel Energy Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on Twitter and Facebook. View source version on businesswire.com:https://www.businesswire.com/news/home/20210222005590/en/ CONTACT: Xcel Energy Media Relations (612) 215-5300 www.xcelenergy.com KEYWORD: UNITED STATES NORTH AMERICA MINNESOTA INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY UTILITIES ENVIRONMENT SOURCE: Xcel Energy Copyright Business Wire 2021. PUB: 02/22/2021 10:00 AM/DISC: 02/22/2021 10:01 AM http://www.businesswire.com/news/home/20210222005590/enCopyright Business Wire 2021.Xcel Energy Fuel Mix 2019-2020 WhatsApp Pinterest WhatsApp Previous articleIn Israel and beyond, virus vaccines bring political powerNext articleJuniper Research: Smart Traffic Management to Significantly Reduce Congestion and Emissions; Saving Cities $277 Billion by 2025 Digital AIM Web Support Facebook Twitter
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RelatedPosts Mane double eases Liverpool to win over 10-man Chelsea Oshoala visits Lagos Oba Oshoala unlucky as Wolfsburg beat Barca to reach Women’s Champions League final Liverpool’s Sadio Mané has been named African Footballer of the Year for the first time after beating teammate Mohamed Salah and Manchester City’s Riyad Mahrez, while Barcelona and Nigeria’s Asisat Oshoala was named as women’s player of the year. The Senegal forward received his award from four-time winner Samuel Eto’o at a star-studded ceremony in the Red Sea resort of Hurghada in Egypt, which was also attended by former Arsenal manager Arsène Wenger although Salah was not in attendance. Having finished as runner-up to the Egypt forward for the last two years, Mané becomes the second Senegalese to win the award after another Liverpool player, El Hadji-Diouf, in 2001 and 2002. “To be honest I would prefer to be playing football than speaking in front of so many people,” said Mané. “I’m really happy and really proud at the same time. I would like to thank my family, especially my Uncle who is here today. It is a big day for me and I would love to thank all the Senegalese people who have been voting for me. I’m from a very small village called Bambali and I’m sure they are all watching me tonight.” Algeria were named as men’s team of the year, with Djamel Belmadi picking up the coaching award. Cameroon, who were beaten by England at the Women’s World Cup last summer, were named women’s team of the year. As well as helping Liverpool to victory in the Champions League final in June, Mané shared the Premier League Golden Boot with Salah and Arsenal’s Pierre-Emerick Aubameyang after a momentous season for African players in English football. The 27-year-old has continued his good form into this season having already scored 11 league goals in Liverpool’s brilliant start to the campaign that sees them lead the table by 13 points from Leicester having scored 36 goals in total during 2019. For the CAF 11, no Nigerian made the list.THE WINNERS PLAYER OF THE YEAR Sadio Mane – Senegal PLAYER OF THE YEAR (WOMEN) Asisat Oshoala – NigeriaCOACH OF THE YEAR (MEN) Djamel Belmadi – AlgeriaCOACH OF THE YEAR (WOMEN) Desiree Ellis – South AfricaINTERCLUBS PLAYER OF THE YEAR Youcef BelailiYOUTH PLAYER OF THE YEAR Achraf Hakimi -Morocco TEAM OF THE YEAR (WOMEN) CameroonTEAM OF THE YEAR (MEN) AlgeriaGOAL OF THE YEAR Riyad Mahrez – AlgeriaFEDERATION OF THE YEAR EgyptCLUB PRESIDENT OF THE YEAR Moise Katumbi – TP Mazembe AFRICAN BEST XI Andrey Onana Serge Aurier Joel Matip K. Koulibaly Achraf Hakimi Gana Gueye Riyad Mahrez Hakim Ziyech Mo Salah Aubameyang Sadio ManeTags: Asisat OshoalaCAF AwardsSadio Mane
76ers assistant Monty Williams and Heat assistant Juwan Howard are also being considered for the position, according to Yahoo Sports.The Lakers finished the regular season 10th in the Western Conference with a 37-45 record and have missed the playoffs each of the last six seasons. The 41-year-old Lue immediately emerged as a “strong frontrunner” for the head coach position after Luke Walton was fired from the Lakers last Friday following three seasons at the helm. A few days later, Walton agreed to take over a Kings team that has missed the playoffs for 13 straight seasons.Lue has a history with James as the two worked together in Cleveland. He was an assistant in 2014 before taking over as head coach during the 2015-16 season after the Cavaliers fired David Blatt. Lue led Cleveland to a 128-83 record in four seasons as head coach, but was fired just six games into the 2018-19 season after James signed with the Lakers in free agency over the summer. Related News NBA trade rumors: Lakers, Bulls had ‘initial conversations’ about Lonzo Ball before deadline Lue guided the team to a NBA championship in 2016 and then coached the Cavaliers to the NBA Finals the next two seasons. Lue’s relationship with James could be a selling point for the Lakers as they look to turn around the franchise. But it could also present problems in Los Angeles. According to the New York Times, “some in the Lakers’ organization may fear hiring Lue would be giving LeBron too much control.” Kings confirm Luke Walton is new coach LeBron James and coach Tyronn Lue have a chance of reuniting in Los Angeles as Lakers general manager Rob Pelinka and the former Cavaliers coach are set to met Friday to discuss the open coaching job, according to ESPN.The meeting will take place at a hotel in Orange County that is close to Pelinka’s Newport Beach home.