Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Corporate Update (June 2006)
15 slides from Xcel Energy's corporate update, Jun 19, 2006
Slide 1: Xcel Energy's Environmental Leadership Strategy
Xcel Energy’s Environmental Leadership Strategy Olon Plunk Vice President - Environmental Services June 20, 2006
Slide 2: Overview
Overview Increasing regulatory requirements Growth opportunities Customer support Good for business; good for communities Environmental leadership – an Xcel Energy priority
Slide 3: Environmental Leadership Pyramid
Environmental Leadership Pyramid Compliance Reputation & Leadership Projects Policy Positions & Growth Opportunities
Slide 4: Compliance
Compliance Outstanding environmental compliance No significant violations Excellent operating performance Proactive emission reductions MN and Denver voluntary projects Comanche 3 Strong governance Environmental Council
Slide 5: Existing Environmental Controls
Existing Environmental Controls 4 dry sorbent injection systems 5 lime spray dryers 2 lime spray dryers planned (’08) Low sulfur coal 2 wet scrubber systems 1 lime spray dryer MERP SO 2 9 low-NOx burners 2 units planned (’07-’08) Tangential firing with over-fire air 5 units planned under CAIR 1 low-
Slide 6: Growth Opportunities
Growth Opportunities Voluntary emission reductions Minnesota MERP New technology investment IGCC bill in Colorado Potential renewable energy investment Environmental assets Emission allowances and renewable energy credits
Slide 7: Reputation/leadership
Reputation/leadership Reporting Triple Bottom Line Disclosure Relationships Comanche 3 settlement Environment and community relations/ franchises
Slide 8: Renewable Energy Leadership
Renewable Energy Leadership #1 wind energy buyer #1 green-pricing program Industry-leading wind integration experience Operational impact and cost studies for all major operating systems Expect 2,500 MW of wind on system by end of 2007
Slide 9: Wind and Xcel Energy
—_s, °° ° ° ° ° °° Wind and Xcel Energy UNITED STATES ANNUAL AVERAGE WIND POWER
Slide 10: Carbon Management Strategy
Carbon Management Strategy 7% intensity reduction from 2003 to 2012 Cumulative 12 million ton emission reduction from 2003 to 2009 On target to meet goals How - renewables, energy efficiency and conservation, MERP repowering Carbon sequestration research, new technology (IGCC), plant efficiency impr
Slide 11: Environmental Regulation
Environmental Regulation Clean Air Interstate Rule (CAIR) Clean Air Mercury Rule (CAMR) Regional haze
Slide 12: CAIR
CAIR Reductions in SO 2 and NOx emissions Power plants in 28 eastern states Uses cap and trade system of allowances Impacts Xcel Energy in Texas, Minnesota and Wisconsin SPS SO 2 allowances sufficient to mid-2011 NOx compliance by 2009; low NOx burners NSP - MN Use surplus allowances for SO 2 NOx co
Slide 13: CAMR
CAMR Affects all coal- or oil-fired units > 25 MW Requires continuous emission monitors by 2009 38-ton cap in 2010; 15-ton cap in 2018 Units allocated allowances - banking and trading States can adopt Federal Model Rule or develop their own rules TX to adopt Federal Model Rule CO looking at lower al
Slide 14: MN Mercury Legislation
MN Mercury Legislation Extends existing MERP legislation through 2013 Rate rider cost recovery For monitors, controls, construction work in progress, O&M associated with controls and studies Other controls mandated after 2004
Slide 15: (2) Xcel Energy’
————— (2) Xcel Energy’