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Building a Carbon-Free Future

Our bold vision for 2030 and 2050.

100% carbon free by 2050 and 80% less carbon by 2030.

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.

Industry-leading Goals

We have a bold vision — the most ambitious in the industry — to serve customers with 100 percent carbon-free electricity by 2050 and to reduce carbon emissions 80 percent by 2030 company-wide from 2005 levels.

carbon dropping

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, serving customers with 100 percent carbon-free electricity will require technologies not yet commercially available. Even though our carbon-free 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 achievable.

Read the Report

Our carbon report outlines the path to achieving ambitious carbon reductions and includes an in-depth analysis of our vision - an industry first for this type of study. Climate modeling experts with the University of Denver confirmed that our goals are consistent with electric sector emission reduction trajectories likely to meet the temperature goals of the Paris climate agreement. Click on the cover below to get the report.

report cover with wind turbine

See a one-page summary of the report and one-page summary of the scientific analysis of our vision. Find the full analysis by climate modeling experts with the University of Denver.

Current Plans

We have a number of plans underway to transition to cleaner energy resources. These include:

  • Implementing the country's largest multi-state wind plan with 12 new, low-cost wind farms across seven states.
  • Moving forward with our transformative Colorado Energy Plan that will retire two more coal units by 2026 and add significant new wind and solar resources, as well as large-scale battery storage.
  • Continuing to carry out our approved Upper Midwest resource plan that is transitioning the region's energy grid away from coal and is adding more wind, solar and cleaner natural gas generation. We plan to propose a 2019 resource plan that will take this transformation even further.
  • Reducing coal generation. Under current, approved plans, we are retiring 23 coal units from 2005 to 2027 — about 50 percent of the coal-fueled capacity we own.

Our Progress

In 2018, we reduced carbon emissions 38 percent company-wide from 2005 levels.

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 and in Xcel Energy's 2018 climate change report to CDP. Find our carbon dioxide emission intensities for 2018 here.

Our Past, Present and Future

Use the slider to see our key milestones in reducing carbon emissions from the past to the future.

  1. 2005
  2. 2013
  3. 2017
  4. 2022
21% Carbon Free

2005

Xcel Energy becomes one of the first power suppliers to sign on to track, verify, and reduce carbon emissions.

 

Energy Saving Tip

Want to make a strong statement about energy efficiency? Consider whether your home might be a good candidate for a green roof, solar panels, or a geothermal system.

chat bubble logo

Look Up. Look Out. Stay Safe.

Be very aware of overhead power lines coming into your home. Always keep yourself, your ladders and tools at least 10 feet away.