Xcel Energy: Rapid Innovation Framework

Deck: 

Top Innovators

Fortnightly Magazine - October 2024
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Xcel Energy won the Fortnightly Top Innovator 2024 award ''George Westinghouse Top Innovator in Leadership in Innovation'' for its Rapid Innovation Framework.

 

PUF's Steve Mitnick: Talk about your innovation and its positive impact.

Al Choi: Simply put, we created a streamlined process to help Xcel Energy test and prove new, innovative technologies with commercial potential in a fraction of the time of traditional methods. Our positive impact is that we created this repeatable framework giving Xcel Energy the ability to fail fast.

Because of this framework, we're able to pilot new technologies and bring them to scale faster and more efficiently than ever before. This will lead to cost savings and increased operational efficiencies across the company.

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