Home
Employers Job Seekers Search Jobs Industry Background

Truly Elected Director on Xcel Energy Board
Minneapolis, Minnesota, United States September 14, 2005

Richard H. Truly, retired U.S. Navy Vice Admiral and past director of the Department of Energy's National Renewable Energy Laboratory, has been elected to Xcel Energy Inc.'s (NYSE:XEL) board of directors.

Truly, 67, headed NREL from 1997 until his retirement in 2005. He has served as the executive vice president of the Midwest Research Institute, vice president of the Georgia Institute of Technology and director of the Georgia Tech Research Institute. He served in the U.S. Navy and NASA from 1959 to 1992. As a result of his service to the nation, Truly received several prestigious honors including the Presidential Citizens' Medal, two Legions of Merit awards, two Distinguished Service Medals (NASA), the Navy Distinguished Flying Cross and the Secretary of Energy's Gold Award. Among many association memberships, he belongs to the Astronaut Hall of Fame and the Georgia Aviation Hall of Fame.

"Richard's qualifications are outstanding, and we are delighted to welcome him to our board. He brings with him a clear understanding of the global issues facing the energy sector as well as unique insights into the burgeoning renewable energy industry," said Richard Kelly, president and chief executive officer of Xcel Energy.

Xcel Energy is a major U.S. electricity and natural gas company, with operations in 10 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.3 million electricity customers and 1.8 million natural gas customers through its regulated operating companies. In terms of customers, it is the fourth-largest combination natural gas and electricity company in the nation. Company headquarters are located in Minneapolis.

The power of falling water now accounts for more than four percent of Xcel Energy's electricity generation. Xcel Energy owns several hydrolectric power plants, located in Wisconsin, Minnesota and Colorado. And it purchases large amounts of emissions-free, reasonably priced hydro-generated electricity from Manitoba Hydro. Xcel Energy is one of the nation's leading suppliers of wind energy to customers. As of May 1, 2004, Xcel Energy has 829 megawatts of wind energy capacity in service. Xcel Energy offers Colorado customers Windsource®, a way to purchase clean wind-generated electricity. Xcel Energy has contracted for the development of 125 megawatts of electricity generated by biomass-fueled technologies. Waste wood, fast-growth poplar trees, and poultry litter will all be used as fuel to generate electricity, without depleting the earth's finite resources.

About Us Terms of Use Contact Us Privacy Our Products Advertising
© 2004, 2005 Greenjobs.com. All rights reserved