Xcel Energy writes in Power about their latest efforts to pioneer the bridge between the nuclear and hydrogen economy.
- In 2018 Xcel Energy became the first major utility to announce goals to reduce carbon emissions 80% by 2030 and reach 100% carbon-free electricity by mid century.
- Xcel, in partnership with the Department of Energy, is looking to use its nuclear fleet to produce clean hydrogen fuel through electrolysis.
- Xcel is planning to begin this project in 2023 or 2024.
- Xcel’s efforts show that the private sector is best equipped to lead the way to a cleaner energy future.
“A new frontier for nuclear energy in the United States is under exploration, and Xcel Energy is at the forefront with a project to produce hydrogen, most likely at its Prairie Island plant near Red Wing, Minnesota.”
Read the full article here.