Renewable Energy World: Xcel Energy Inc., the biggest U.S. provider of wind power, expects long-term contracts for the technology to beat the cost of natural gas, another sign of the rapid transformation of the power market.
Xcel, the Minneapolis-based utility that serves eight states, is receiving bids for 20-year power purchase agreements at about $25 a MWh for wind energy, Chief Executive Officer Ben Fowke said in an interview Friday at Bloomberg News headquarters in New York.
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Nowi360Gov is an intelligent network of websites and e-newsletters that provides government business, policy and technology leaders with a single destination for the most important news and analysis regarding their agency strategies and initiatives.
Telephone: 202.760.2280
Toll Free: 855.i360.Gov
Fax: 202.697.5045
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Now