Xcel Energy, Heartland Hydrogen Hub selected for up to $925 million federal award - Seite 3

All of Xcel Energy’s federal and state policymakers, along with labor unions, have supported the effort through their shared interest in U.S. energy production, energy security, job creation, economic development and environmental stewardship.

Project detailed design will begin after the Heartland Hydrogen Hub finishes award negotiations. Project development will likely continue through 2035. The public will have an opportunity to review Xcel Energy’s planned investments through the regulatory process. The process has built-in protections for customers to ensure that Xcel Energy unlocks the benefits of this new clean energy technology in the most affordable way.

To learn more about how Xcel Energy is advancing hydrogen for a low-carbon future, visit XcelEnergyHydrogen.com.

About Xcel Energy

Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on X, formerly known as Twitter, and Facebook.

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The Xcel Energy Stock at the time of publication of the news with a raise of +0,22 % to 55,35EUR on Tradegate stock exchange (13. Oktober 2023, 09:04 Uhr).