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On January 28, the Colorado Public Utilities Commission (PUC) approved Xcel Energy’s expedited proposal for 1,700 MW of renewable energy and battery storage projects, despite concerns over costs and efficiency. The commission aims to initiate projects before federal tax credits expire on July 4, which could raise costs significantly.

Xcel's plan includes a 200 MW natural gas plant and 600 MW of wind, with operations expected by 2028. An additional 1,000 MW of solar and 700 MW of storage may be needed. The commission will require more data on bids, especially regarding transmission costs. Xcel's electricity resource plan indicates a need for at least 8,500 MW to meet future demand.