Xcel Energy

Utility

Xcel Energy is a utility company that provides electricity and natural gas to millions of customers across eight states.

Sector: grid-operators-utilities
HQ: MN, US
Founded: 1901
Stories: 11 on MGRID.org

Stories about Xcel Energy (11)

Solid-State Transformer Industry Reality Check: What Patents

May 27, 2026 · Analysis

10 sources A May 2026 audit found fewer than 10 commercially deployed SSTs in global revenue service, while dozens of announced projects remain years from deployment.
EPRI and Six Major US Utilities Are Demonstrating an All-Solid-State 25 kVA Pole-Mount Transformer From Solid State Power

April 30, 2026 · Power Electronics

4 sources EPRI managing program with 6 US utilities: Xcel, ConEdison, AEP, Southern Company, SCE, NYPA. Solid State Power Inc. (SSP) unit: outdoor-rated, pole-mounted, 1-phase 25 kVA
Minnesota PUC Approves Xcel Energys 200 MW Distributed Battery

April 2, 2026 · C&I Storage

4 sources Minnesota just greenlit Xcel Energy's $430 million, 200 MW distributed battery storage program, a significant move to bolster the grid with batteries deployed at businesses and nonprofits by…
Form Energy, Crusoe Seal 12 GWh Iron-Air Battery Deal

March 24, 2026 · AI Energy Demand

2 sources Form Energy and Crusoe signed an agreement for 12 GWh of iron-air batteries to power AI data centers, with deliveries beginning in 2027 from Form Energys Weirton, West…
When Will Utilities Start Scrapping Service-Life-Reached Iron-Core Distribution Transformers and Replacing With Solid-State Transformers?

January 18, 2026 · Analysis

4 sources ~40 million US distribution transformers already past expected service life. Conventional 50 kVA pad-mount replacement: $4K-$6K in 2026 dollars
C&I Battery Storage Market Projects 5x Growth

January 1, 2026 · C&I Storage

4 sources Commercial and industrial BESS deployments targeting demand charge reduction will grow fivefold by 2036, with installed costs of $180-$580/kWh and 3-5 year payback periods in most U.S. markets.
C&I Battery Storage Costs Drop 40%

December 8, 2025 · Demand Charge Reduction

4 sources Verified Commercial battery storage system costs fell 40% since 2022, reaching $180-$300/kWh for containerized systems. Facilities now cut demand charges by 20-30% with 3-5 year payback periods.
Xcel Energy Proposes 200 MW Battery Network for Minnesota Grid

October 9, 2025 · Energy Storage

6 sources Browser Check Utility seeks PUC approval for $152M-$430M Capacity*Connect program deploying small-scale batteries at commercial sites as virtual power plant.
Metro Transit Orders 20 Battery Electric Buses as North Loop

January 15, 2025 · EVs

5 sources Metro Transit placed a 2024 order for 20 battery electric buses and 22 chargers, backed by Xcel Energy TEP investments of $146M through 2026, advancing Minneapolis toward a…
Xcel Energy Contracts 47 MW of Industrial Demand Response in Minnesota as MISO Capacity Prices Double

December 15, 2024 · Grid Services & Demand Response

4 sources Xcel Energy signed 47 MW of new industrial demand response contracts in Minnesota in 2024 after MISO capacity prices doubled to $174/MW-day; manufacturers cut peak demand 18-22% using…