Xcel Energy – Coal – 2011 (status: Withdrawn; Company will address)

Electric utility companies that rely on coal face numerous challenges and uncertainty regarding environmental compliance costs, coal price‐volatility, and the cost of carbon capture and storage for coal plants. Industry analysts (Bernstein Research, Jeffries & Company, Standard & Poor’s, Wood Mackenzie) have concluded that the cost of additional environmental control equipment for nitrous oxides (NOx), particulates and mercury may make it uneconomic to retrofit small, older coal plants. This unprecedented combination of forces has led Xcel and other utility companies such as Progress, Duke and others to announce retirements of over 30 coal plants by 2019.