November 3, 2008

Xcel Energy Seeks More Than 1,000MW of Power for Texas, New Mexico

Xcel Energy has announced that its Southwestern Public Service Company is seeking more than 1,000MW of power for its Texas-New Mexico electrical system to meet the growing demand for electricity across the region.

In the last three months, the company has issued three separate requests for proposals (RFPs), seeking up to 800MW of dispatchable power, which could come from various fuel types, including natural gas, and up to 250MW of additional wind power.

Proposals for up to 200MW of additional dispatchable power are needed for delivery beginning in 2010 and 2011. Proposals for this solicitation were received in early October 2008.

In addition, proposals for an additional 600MW of dispatchable power are being sought for delivery beginning in 2012 and 2013. Responses to this RFP are due in December 2008.

The company is requesting that the wind resources be available between 2010 and 2012 at the latest, and be located in the Texas portion of the Southwestern Public Service Company (SPS) service area. Any new purchased-power agreements would be subject to all necessary regulatory approvals, including regulatory approval in the states SPS serves.