Platte River’s rapid decarbonization plan

Platte River is working toward a 100% noncarbon energy future in accordance with a Resource Diversification Policy (RDP) approved by its board of directors in 2018. This is one of the most aggressive and progressive decarbonization goals in the country for a utility of its size.

Platte River has reached about 50% noncarbon supply and is now planning for the remainder. One of the key challenges of planning for deep decarbonization is to ensure reliability while relying on intermittent renewable generation, especially during periods of low renewable supply. Platte River calls these periods “dark calms.” Platte River has done some innovative work in reliability assessment during dark calms. This presentation shares a summary of Platte River’s 2024 Integrated Resource Plan. It shows a path to reach the goals of RDP while ensuring reliability and financial sustainability. Power supply reliability in the future will be more important as the energy sector is further electrifying with electric mobility and electric heating.