MINNEAPOLIS--(BUSINESS WIRE)--
Xcel Energy is looking for new sources of Minnesota wind energy
and is inviting potential wind project owners and developers to submit
their proposals.
The effort is part of Xcel Energy's Community-Based Energy
Development (C-BED) program. In 2005, the Minnesota Legislature
directed that each utility establish a tariff for the purchase of
C-BED wind energy. The purpose of the tariff is to encourage and
promote broader local participation in wind energy development.
Beginning March 20, 2007, Xcel Energy will be accepting proposals
for new Minnesota wind generation resources to be in commercial
operation by Dec. 31, 2008. Xcel Energy will seek approvals for any
resulting power purchase agreements from the Minnesota Public
Utilities Commission.
For details and instructions, bidders should go Xcel Energy's Web
site at www.xcelenergy.com/rfp. The submission deadline is April 20,
2007.
Xcel Energy is working toward a goal of producing 30 percent of
its energy from renewable sources by the year 2020. A key component in
Xcel Energy's strategy to meet that goal is the development of new
sources of wind energy.
Xcel Energy (NYSE:XEL) is a major U.S. electricity and natural gas
company with regulated operations in eight Western and Midwestern
states. Xcel Energy provides a comprehensive portfolio of
energy-related products and services to 3.3 million electricity
customers and 1.8 million natural gas customers through its regulated
operating companies. Company headquarters are located in Minneapolis.
More information is available at www.xcelenergy.com.
Source: Xcel Energy
Contact: Xcel Energy, Minneapolis
Media Relations, 612-215-5300
www.xcelenergy.com