The U.S. Department of Energy gave Xcel $100 million to increase the company's efforts toward wildfire prevention and power grid resiliency during extreme weather.was awarded $100 million in federal funding to help its efforts in preventing wildfires and increasing the resiliency of its power grids during extreme weather conditions, the company said in a release Wednesday.selected them to receive the funding, which they matched through a $140 million cost share.
The projects are reportedly taking place in Colorado, Minnesota, New Mexico, Texas and Wisconsin. Xcel said that changing climate conditions, including prolonged wildfires in regions with regular fire seasons, have increased the frequency and intensity of weather-related impacts to its power grids. “We recognize that the year-round risk of wildfires has grown, along with the severity of storms and other weather events that threaten the grid,” said Bob Frenzel, chairman, president and CEO of Xcel Energy. “This funding from the Department of Energy will enhance our ability to meet this rising challenge with decisive action while reducing carbon emissions and ensuring reliable affordable and clean power for our customers.” Adding fire-resistant coatings to 6,000 wood poles.
The company said funding will also aid provisions for communities of color through the Resilient Minneapolis Project,"which aims to support underserved communities in Minneapolis by providing solar, battery and microgrid technologies," allowing"critical services to be delivered to communities in the event of a grid outage."
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