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Xcel Energy has announced it will seek to add approximately 550 MW of new wind generation in Colorado between now and 2016, taking the installed level of this resource on the company's Colorado system to more than 2.7 GW.

The additions are the result of Xcel's wind request for proposals (RFP) issued in March, and the Colorado Public Utilities Commission (CPUC) must still review and approve these proposed additional wind projects. If the plans are approved, the company says it would begin negotiating power purchase agreements with selected bidders in June and expect final CPUC approval to come sometime in October.

In addition to these Colorado selections, Xcel Energy is seeking wind proposals in other parts of its service territory. The company says these efforts stem from Congress’ adoption of the American Taxpayer Relief Act, which was later signed by President Obama. The new law included an extension of the production tax credits for wind developers, requiring that projects be started at a certain level of construction by the end of this year.

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