Xcel Energy CEO: Wind energy saves customers billions while maintaining the grid's reliability

Iowa Gov. Kim Reynolds highlights wind power during swearing-in

ANAHEIM, Calif., May 24, 2017 — One of the nations leading utilities integrating wind energy onto its system reaffirmed on the second day of WINDPOWER 2017 that wind helps sustain grid reliability while saving its consumers money. Addressing over 7,000 attendees, Xcel Energys CEO Ben Fowke recommitted the utilitys investment in wind energy as a low-cost way to help keep the lights on for millions of its customers across eight states.

"We're investing in wind because of the tremendous economic value it brings to our customers. Wind energy is saving our customers billions of dollars in fuel savings," said Fowke. "We're also delivering on the environmental front by deeply reducing carbon emissions while providing a clean energy product our customers want."

Xcel Energy serves millions of American homeowners and business across states in the West and Midwest, and has been the nations number one wind energy provider for 12 years.

Fowke further commented, "We have successfully integrated wind energy onto our system over the years without sacrificing reliability and we're making history in the process."

Today, wind generation makes up nearly 20 percent of Xcel Energys energy mix. Earlier this spring in Colorado Xcel Energy hit a record achieving an hourly production peak where wind supplied more than 68 percent of its energy.

"It's fitting that we're meeting in California, where entrepreneurs have used technology and visionary thinking to innovate and succeed," said Chris Brown, President of Vestas Americas and outgoing AWEA Board Chair, in his General Session address. "Were lowering our costs, making the grid more stable, creating jobs in rural and Rust Belt America, and delivering value to utilities and major corporate customers. Thats why I believe this industry is just getting started, and this industrys next five years are going to be the best weve ever seen."

Thanks to strong leadership by elected officials in the state, and after being an early pioneer in developing wind farms, California is currently on track to obtain 50 percent renewable energy by 2030. American wind power now supports over 102,000 jobs across all 50 states, including well-paying factory jobs. Costs are down 66 percent in just seven years, making wind energy more attractive for major retail and manufacturing brands, and utilities such as Xcel Energy.

Brown continued, "Welcome to life as an energy industry disruptor. Here's my challenge to the industry: Seize the opportunities that our success has created, and stay focused on the vision that we set for our industry."

Beyond leading industry executives, WINDPOWER 2017 attendees include wind techs and supply chain workers learning about the latest developments to advance affordability and productivity. Some took a moment to reflect on what working in the industry means for them, their families and their communities.

"I like being here seeing all the innovations in the industry, new technologies coming down the pipeline. Its a chance to learn about the industry outside of the platform I work on," said Matthew Cyre, a wind technician from Vici, Oklahoma. "I plan on moving up through the wind turbine technician program to eventually end up in management at an operations and maintenance site. Working in wind is a big part of my long-term career path."

Matts wife, Brandy Cyre, is studying to get a job in wind as well. "Winds becoming part of our family," she said, "with my father-in-law being a wind technician instructor and our cousin getting a job at a wind farm. As a former welder, I like to break the mold - being a woman in the industry, showing anyone can do it."

New Iowa Governor promises wind will help ‘lead the way

The second day of this years WINDPOWER conference and exhibition comes as a leading wind energy state, Iowa, swore in Kim Reynolds as its new Governor (since long-time Gov. Terry Branstad was appointed U.S. Ambassador to China). As part of Gov. Reynolds remarks, she promised that wind would continue to lead the way in the Hawkeye State.

"We must view our rich, renewable resources in ways never thought possible," she said. "For years, our fields have fed the world. Now, they energize it. They produce products that fuel cars and they host wind turbines that power our communities and businesses. And yet, those fields are filled with untapped potential. Our energy plan will help us continue to lead the way in wind energy and renewable fuels. Working together, we can have the most innovative energy policy in the country."

Wind power supports 9,000 jobs in Iowa, and has invested $13.5 billion in wind farms there. Farmers in Iowa hosting wind turbines earn $25 million a year in land lease payments, making wind their new ‘drought-resistant cash crop. Over 17,000 wind-related jobs and an additional $9 billion in economic activity are possible by 2020, according to a recent Navigant Consulting analysis.

A media kit for the conference is available here: www.awea.org/WINDPOWER2017MediaKit


AWEA is the national trade association of the U.S. wind energy industry. We represent 1,000 member companies and over 100,000 jobs in the U.S. economy, serving as a powerful voice for how wind works for America. Members include global leaders in wind power and energy development, turbine manufacturing, and component and service suppliers. They gather each year at the Western Hemispheres largest wind power trade show, the AWEA WINDPOWER Conference & Exhibition, in Anaheim through tomorrow, Thursday, May 25. Find information about wind energy on the AWEA website. Gain insight into industry issues on AWEA's blog, Into the Wind. And please join us on Facebook, and follow @AWEA on Twitter.

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