Xcel proposes hydrogen energy hub in eastern Colorado

DENVER — Xcel Energy Inc. (NYSE: XEL), if the U.S. Department of Energy approves, will build a clean-energy hydrogen hub on the eastern plains of Colorado.

The hub is an element of Xcel’s plan to transition from carbon-fired electricity generation to clean energy. The Western Interstate Hydrogen Hub LLC would be interconnected with distribution systems in New Mexico, Utah and Wyoming, in addition to Colorado. 

“We’re ushering in the next generation of clean energy technology in Colorado with significant benefits for our customers and the environment,” Bob Frenzel, Xcel Energy chairman, president and CEO, said in a press statement. “The strong partnership…