Reducing greenhouse gas emissions and a statewide transition to clean energy are integral to preserving Colorado’s way of life.
- Colorado is one of the most environmentally friendly states.
- Colorado is home to: The National Renewable Energy Laboratory (NREL)
- Colorado’s electricity from renewable sources has more than doubled since 2010 to 25% of net generation in 2019, led by increased wind and solar power.
- The Metro Denver area is fourth among the nation’s 50 largest metro areas, for “Cleantech” employment concentration.
- Colorado ranked 11th in the nation for installed solar capacity, with 925.8 MW of solar energy installed as of 2016.
- Colorado is home to more than 454 solar companies, employing about 6,000 people throughout the state.
Colorado is a leader in renewable energy, with investments in wind, solar, biomass, geothermal, small hydroelectric and other renewable energy resources. In 2004, the state passed the first voter-led Renewable Energy Standard in the nation, requiring electricity utilities to obtain a percentage of their power from renewable energy sources. The legislature has increased the minimum requirements three times since 2004, spurring the development hundreds of new renewable energy projects across the state.
Renewable energy provides substantial benefits for Colorado including:
- Providing new electric generation that reduces the energy sector’s impact on public health and the environment
- Diversifying the state’s electricity portfolio, thereby increasing the resiliency of the electrical grid
- Insulating customers from volatile fuel prices
- Supporting jobs and economic development