In a follow up to our prior post, we now report that the Minnesota Commission subsequently modified its initial decision to clarify that Xcel Energy is directed to negotiate a power purchase agreement with the solar bidder, which will be reviewed by the Commission to ensure the terms are consistent with the public interest. Xcel is also directed to negotiate with the natural gas project bidders and develop pricing terms for its own natural gas project. Here is the text from the revised motion.
Although all terms will be reviewed by the Commission, Xcel Energy’s Minnesota ratepayers will likely have a utility-scale solar project and at least one natural gas project to meet capacity needs in the 2017-2019 timeframe. And it’s fair to state the Commission’s decision puts solar in the red-zone, first and goal.