The Colorado Public Utilities Commission decision on the Just Transition Solicitation moves the state closer to a carbon-free future, sequencing critical energy and transmission projects that will keep costs affordable for ratepayers.
Denver, CO—The Colorado Public Utilities Commission decision on the Just Transition Solicitation (JTS) reflects smart, forward-looking policy that puts affordability at the center of Colorado’s energy planning.
- Carbon Free Future Development Fund: $100M set aside for emerging clean firm technologies like long-duration energy storage and next-generation geothermal, with a dedicated advisory board and industry seat to guide project selection.
- New Clean Energy Procurement: Up to 6,000 MW of new resources procured in two phases, creating a long-term competitive demand for high-quality projects.
- Proactive Transmission Planning: Integrating transmission planning with resource procurement phases will support improved grid planning and project alignment.
- Large Load Provisions: New tariff safeguards so that large electricity demands are met in a way that supports clean energy goals, manages costs, and supports reliability.
“The Commission’s Decision shows good stewardship of ratepayer costs in their careful approach to electricity demand from large loads and prudent sequencing of the necessary buildout of generation and transmission,” said Brian Turner, Regulatory Director at Advanced Energy United. “The Commission is providing a glidepath for a just transition that manages costs while providing a long-term investment signal for industry.
The JTS represents a well-thought-out approach that proves that Colorado is well on its way to building a more affordable, reliable, and flexible future.