Xcel 2019 peak demand DOWN
February 25th, 2020
Here we go again, with Xcel’s release of its 2019 numbers in its SEC 10k filing:
And here’s the number that I look forward to every year, the peak demand, why? Because they build the system for peak (and sell the surplus in the valleys):
Here’s what it was over the last many years:
That’s quite a drop, almost down to the 2004, 2008, 2009, 2015, 2017 levels. There’s an energy glut, to be sure, and now Xcel wants to sell its coal generation surplus from the King and Sherco plants on the MISO market. Earth to Mars, who needs more proof that the coal generation is not needed?
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