Xcel Backs Away from San Luis Valley Power Line
November 1st, 2011Xcel, late yesterday, announced that for financial and other reasons the proposed Southern Colorado transmission line no longer makes sense. In its electric resource plan filed with the PUC, Xcel highlights several factors that led to its decision, including the economy and reduced energy demand. Our immediate reaction is below:
“The plan Xcel released yesterday is a significant development. We are analyzing it and need to identify what it means for the proposed transmission project. Most importantly, we want to understand what it means for the San Luis Valley.
Trinchera Ranch remains committed to fighting for a win-win solution for the people of the Valley that helps to improve energy reliability, bolsters renewable energy and conserves and protects this spectacular region of Colorado,” said Cody Wertz, Trinchera spokesman.
While we review and analyze the filing’s hundreds of pages, we wanted to share a few articles from yesterday’s filing, they are included below.
Denver Post, “Xcel may kill controversial San Luis Valley power-line project”
Denver Business Journal, “Xcel to back away from San Luis Valley power line”
Pueblo Chieftain, “Xcel likely to drop SLV solar, transmission line proposal”