In late February 2018, Xcel and Denver signed a Memorandum of Understanding, or “MOU” that was touted as a way for Denver to work towards its goal of a 100% renewable energy. Clean Energy Action took a close look at the MOU and found that the substance did not match the hype. A summary of that analysis is below and the full analysis is attached.
A key goal of the analysis is to help Denver advocates recognize the limits of the MOU so as to better advocate for a cleaner energy future and for advocates in other communities to begin to better understand what is happening when their City representatives are talking about signing an MOU with Xcel.
Summary of the Analysis of the Xcel-Denver MOU
The Memorandum of Understanding between the City of Denver and Xcel (Public Service Company of Colorado or PSCo) executed in late February 2018 is primarily a document of lofty statement, but is non-binding and contains no commitments from Xcel to reduce the carbon intensity of their electricity and move to a high level of renewable energy. Rather, the MOU could easily serve to distract the City of Denver and its residents from efforts to decarbonize their electricity and even could be used by Xcel to entice the City of Denver into supporting Xcel’s proposals at the Colorado Public Utilities Commission that are very likely not what most Denver residents and businesses would support if they understood them.
Find the full analysis here.
12 pm to 4 pm
Listening Session from 1 pm to 3 pm
Arrive at Noon to Signup and Enjoy Lunch
Marriott Denver West
1717 Denver West Drive, Golden, CO 80401
In recent years, the Bureau of Land Management has “leased” a ton of coal in Colorado for the price of a gumball – 25 cents ! How can we halt climate change until we stop giving away coal on our public lands?
Join Sierra Club, the National Wildlife Federation, and other advocates as we tell the Bureau of Land Management to stop giving away coal on our public lands!
We need you to show up in person and tell BLM to:
- Stop giving away our coal at subsidized prices.
- Give American taxpayers a fair share of revenue from coal mined on public lands to support local education and infrastructure.
- Include on a price on carbon in the cost of coal mined on public lands!
- Keep it in the ground!
This is a rare opportunity to give direct feedback to the federal government on rules that haven’t changed in decades – don’t miss it!
Update: We wanted to say thanks to everyone who donated to Clean Energy Action on Colorado Gives Day. We truly appreciate all of your support.
We will continue to be your voice and stand up for a stable climate. We know that we have a long way to go to get our energy system on track. There is a lot of work to do and we are doing our best to keep the conversation in Colorado focused on what would will take to rapidly shift to a clean, renewable energy society. To find out more about what we’ve been up to, see the two recent Clean Energy Action articles below.
Give Where You Live For Colorado Gives Day!
Thanks to everyone who contributed last year! Clean Energy Action was the recipient of a $5,000 1st Bank bonus due to your generosity. We are eligible again if we exceed last year’s commitments. Please be as generous as you can and we may receive an even larger bonus.
A recurring contribution set to begin on December 9th will help keep CEA healthy all year long and count toward a possible bonus. All transaction costs are covered by 1st Bank and other sponsors so that every dollar goes to our work.
Why contribute to Clean Energy Action?
We are still one of the only voices in Colorado advocating for shutting down our fossil fueled infrastructure once and for all. CEA tears down the pillars that support climate instability and builds up the pillars that support climate stability. We understand that there are both environmental and economic risks to continued fossil dependence. While many have championed the conversion of coal fired plants to gas as a result of 2010 Clean Air Clean Jobs Act (CACJA), Clean Energy Action understands that statewide we have actually committed to increasing our overall emissions in Colorado when Xcel’s investments in new coal are included. These policies have allowed Xcel to add $1B in fossil (both gas and coal retrofits) infrastructure to its generation mix.
Our work this year to date:
Our small staff accomplishes incredible tasks thanks to your support, and our team of interns and volunteers multiply our efforts. Here is an overview of our work from 2014:
- Our featured posts are now syndicated nationwide on The Energy Collective, including promotion to their over 45,000 followers on Twitter.
- Our work on Xcel’s ongoing rate case (14AL-0660E) at the Colorado Public Utility Commission has revealed a trove of information:
- We understand just how cheap Xcel’s fossil plants are compared to the fuel that they commit us to burning.
- Xcel’s Colorado ratepayers spent ~$550M on fuel in 2013. About $370M of that was for coal — and as we’ve long pointed out… those coal costs are not decreasing!
- The value of Xcel’s fossil power plants is $4B today ($2.9B of which is coal) and will increase to $5B as a result of CACJA cost recovery.
- This means we spend more on fuel every 10 years than all the fossil plants are worth today. And for coal it’s more like every 8 years.
- Through our Citizen Power program, CEA has communicated the truth of the fossil fuel cost pass through (aka the Electricity Commodity Adjustment or ECA) to hundreds of citizens and dozens of legislators.
- Legislation to change this may be introduced, but the fossil lobby will fight hard for the status quo.
- We created videos to make the wonky Electric Commodity Adjustment digestible.
- Clean Energy Action has developed energy literacy in hundreds of students in Boulder County with our energy bike and related energy education program.
With your support, our work in 2015:
- CEA will develop software to comb through FERC, EPA, EIA and other databases to facilitate local communities understanding the costs of fuel and plants in their own neighborhoods.
- This data will lead others to close dirty fossil plants instead of paying for dirty fossil fuels.
- Quickly shutting down fossil plants in every state faster than the Clean Power Plan could hope to achieve.
- Clean Energy Action has been selected as energy educators for many political representatives in CO.
- The economics of boom and bust fossil jobs will be easily contrasted with the lasting benefit of jobs repowering the grid.
- We will drive understanding of the myriad risks of continued fossil dependence.
- Xcel Colorado may submit a new decoupling proposal and CEA will be prepared to intervene to make certain it’s the best deal for a stable climate.
- Xcel Colorado will submit their quadrennial Electric Resource Plan (ERP) in fall 2015.
- Clean Energy Action will expose the folly of discounting future fossil fuel costs.
- This will rapidly change the generation mix away from fossils toward fuel free renewables.
You give to Clean Energy Action because you know we’re effective. We don’t charge a membership fee and all of our events are free thanks to the community of support. Please keep giving where you live to keep us strong and viable. Your voice is amplified by CEA’s voice across Colorado and the nation.
Sample of CEA Work
Sample 2014 Featured Articles
Xcel Rate Case – Decoupling
Face the Risk – Explaining the Electric Commodity Adjustment
What is the Electric Commodity Adjustment and How Does it Relate to Your Electric Bill and Renewable Energy?