Provide resilient, reliable and cost-effective energy that is environmentally sustainable, reduces our carbon footprint and uses proven state-of-the-art technologies to enhance our quality of life for generations to come.
This is our new Energy Vision that will serve as our guiding principle for planning future energy resource needs for Colorado Springs. It was adopted earlier this week at our Utilities Board meeting.
“Adoption of this Energy Vision formalizes our path as we work on our Electric and Natural Gas Integrated Resource Plans (IRPs) to stay true to our mission of providing safe, reliable and cost-effective energy for our customers today and generations to come,” says Phil Tunnah, our Systems Planning and Projects Division Chief Officer.
We have already reduced carbon emissions from 2005 levels and will continue with the adoption of this Energy Vision. This will be realized by the continued shift to renewable energy, addition of a battery storage system and the decommissioning of the Martin Drake Power Plant. By 2024, we will power Colorado Springs with more than 264 megawatts of solar power.
“We appreciate all community members who participated in this extensive public outreach process. As it is our focus to serve our customers every day, it is imperative that our community’s values and priorities are reflected in our new Energy Vision,” explains Tunnah.
The Energy Vision is supported by four strategic pillars.
1. Economic: Cost-effective and equitable initiatives that drive a strong economy.
2. Environment: Sustainable solutions that complement our natural resources.
3. Resiliency: Reliably withstand and recover from disturbances in a dynamic environment.
4. Innovation: Proactively and responsibly evolve in a transforming landscape.
The goals for each of the pillars will be formalized within our IRP process which has commenced under the guidance of the Utilities Policy Advisory Committee. The 2020 IRP will become the roadmap for meeting the energy needs of Colorado Springs over the next 30 years. Submission of this IRP to the Utilities Board is expected in late summer 2020.
Our customers are invited to participate in the IRP process and help shape the future of energy in Colorado Springs. We are planning our first IRP public meeting to take place in the coming months.