We’re delivering affordable, reliable energy today using advanced clean energy technologies. Now, with ambitious plans, we’re increasing renewable energy and reducing carbon emissions to levels we never imagined a decade ago.
For years, we've set and achieved industry-leading carbon reduction goals. With current advances in technology and declining prices for renewable and other clean energy technologies, we believe it's possible to accelerate our efforts to cut carbon and do it reliably and economically. That's why we've increased our commitment to address the risk of climate change and deliver the clean energy customers want.
We have a bold vision — the most ambitious in the industry — to serve customers with zero-carbon electricity by 2050 and to reduce carbon emissions 80 percent by 2030 company-wide from 2005 levels.
We believe that we can reliably and cost-effectively cut carbon emissions 80 percent by 2030 with the renewable and carbon-free generation and energy storage technologies available today.
But, reaching zero-carbon electricity will require technologies not yet commercially available. Even though our zero-carbon aspiration is decades away, we're beginning work now with stakeholders to help develop these technologies, as well as the policies and support, that will make this aspiration acheivable.
Learn more about how we get there.
We have a number of plans underway to transition to cleaner energy resources. These include:
Since 2005, we have reduced carbon emissions 35 percent company-wide under our previous goal to cut carbon 60 percent by 2030.
The U.S. Environmental Protection Agency (EPA), the Center for Climate and Energy Solutions, and The Climate Registry recognized Xcel Energy with a 2016 Climate Leadership Award for excellence in greenhouse gas management.
Learn more about our efforts to reduce and report carbon emissions in our annual Corporate Responsibility Report, in our 2017 Energy and Carbon Emissions Reporting Summary (PDF) and in Xcel Energy's 2018 climate change report to CDP.
Xcel Energy becomes one of the first power suppliers to sign on to track, verify, and reduce carbon emissions.