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Xcel Energy Upper Midwest customers to get nuclear energy tax credit

MINNEAPOLIS (KVRR) — Xcel Energy is starting to send over $130 million to its Upper Midwest customers from federal tax credits on the energy generated by the company’s nuclear fleet. That brings the total savings to over $330 million over the first two years of the credits. The company has two nuclear plants in Minnesota near Monticello and Red Wing….

Midwest’s largest battery energy storage site to be built in central Minnesota

BECKER, Minn. (KVRR) — Xcel Energy has announced plans to build the Midwest’s largest battery energy storage site. It’ll be at the Sherco Energy Hub in Becker in central Minnesota. The proposal, filed with Minnesota Public Utilities Commission last Friday, would double the amount of battery storage adjacent to the Sherco coal plant which is scheduled to retire by the…

4th Annual Midwest Energy Summit Focused on Importance of Energy

FARGO, N.D. (KVRR) — This year’s summit explored the future of renewable energy, fossil fuels, technology advancements and shifts in public policy. “We focus on a wide variety of topics in the energy space so we look at everything from renewable energy and the next wave of energy we look at our traditional and critical energy sources. We’re looking at…