N-power key to carbon cut goal, says Xcel CEO

Bloomberg

Xcel Energy Inc Chief Executive Officer Ben Fowke said keeping nuclear power plants open is key for the utility to meet its goal to slash greenhouse gases.
The company, which pledged to cut carbon dioxide emissions 80 percent by 2030 and 100 percent by 2050, operates two reactors in
Minnesota that will become increasingly vital as wind and solar expand, Fowke said during an
interview.
“An early retirement of those plants would totally set us back,” he said. “If you are shutting down your coal fleet, it’s pretty hard to shut down your nuclear fleet at the same time and still offer reliable power to customers.”

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