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ELECTRICITY

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Congressional delegation announces federal funding to strengthen North Dakota electrical grid

The state of North Dakota will receive $766,350 in federal funding to help boost expansion of North Dakota's electricity transmission grid – a key step toward expansion of the state's energy industry.

By Press Release , September 21, 2009

Otter Tail Power Company withdraws from Big Stone II plant project in South Dakota

Otter Tail Power Company has withdrawn, both as a participating utility and as the project’s lead developer, from Big Stone II, a 500-to-600-megawatt coal-fired power plant proposed for near Milbank, SD, with related transmission upgrades in South Dakota and Minnesota.

By Press Release , September 11, 2009

Basin Electric, NextEra Energy sign agreement for South Dakota wind farm

Bismarck-based Basin Electric Power Cooperative and NextEra Energy Resources (formerly FPL Energy) have signed an agreement to develop another wind farm. The project will be located in Day County near Groton, S.D. East River Electric Power Cooperative of Madison, S.D. will provide the transmission interconnection for the project.

By Press Release , September 09, 2009

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Minnesota Power plans to explain itself

Say, Minnesota Power, what's with all the rate hikes? Answers to that question and more will come at a Duluth Area Chamber of Commerce FORVM next week. The Duluth-based utility will give their view on why rates or increasing, where you can expect them to stabilize and how your business can con

Posted by: Andy Greder on Feb 23, 2010 at 10:16 AM | Twin Ports Business

Allete sees net income drop about 25 percent

Allete, the parent company to Duluth’s Minnesota Power, reported a net income drop of $23 million from 2008 to 2009, according to its annual earnings report. Allete’s net income was $61 million from operating revenue of $759 million in 2009, compared to net income of $82 million and ope

Posted by: Andy Greder on Feb 12, 2010 at 9:29 AM | Twin Ports Business

Minnesota Power gets half of requested rate increase

Minnesota Power received permission to increase its customers’ interim rates by about half of what it requested, according to a Tuesday ruling by the state Public Utilities Commission. In November, the Duluth-based electric utility filed a request to increase rates by $73 million in an interi

Posted by: Andy Greder on Dec 15, 2009 at 1:19 PM | Twin Ports Business

Minnesota Power pushes wind project forward

Minnesota Power announced today that it will move ahead with plans to purchase 33 Siemens wind turbines, each designed to deliver 2.3 megawatts of power in proper

Posted by: Peter Passi on Apr 21, 2009 at 12:34 PM | Twin Ports Business
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