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Xcel Energy plans to expand power generation in Texas and New Mexico, aiming to add more than 5,100 MW of new capacity by 2030 to meet fast-rising electricity demand.

Xcel Energy announced plans for new power projects in Texas and New Mexico to meet growing power needs in the region.

Xcel Energy has announced new generation resource additions as part of an overall portfolio to meet the rapidly rising energy needs of its Texas and New Mexico service area.

Xcel Energy is rolling out a sweeping plan to expand power generation in Texas and New Mexico, aiming to add more than 5,000 megawatts of new capacity by 2030 to meet fast-rising electricity demand.

Xcel Energy announced Friday it's breaking ground on 17 new power projects in Texas and New Mexico in anticipation of the rapidly increasing energy demand from the region.