Big Stone II Project will not be built
The projectÂ’s four participants include Montana-Dakota Utilities Co., a division of MDU Resources.
The project required additional participants to move forward; however none have committed.
Montana-Dakota President and Chief Executive Officer Dave Goodin said that, while itÂ’s disappointing that Big Stone II will not be built, the utility has an adequate electric supply for the near-term.
“We have a purchased power agreement through 2015 that was to bridge us to Big Stone II going online; we still have that agreement in place,” Goodin said. “We will now look at other supply options that are reliable and cost-beneficial for our customers. We have plans to expand our wind production by 30 megawatts in 2010 and will review other generation options.”
The other Big Stone II Project participants were Central Minnesota Municipal Power Agency, Heartland Consumers Power District and Missouri River Energy Services.
Related News
Greening Ontario's electricity grid would cost $400 billion: report
TORONTO - Ontario will need to spend $400 billion over the next 25 years in order to decarbonize the electricity grid, according to a new report by the province’s electricity system manager that’s now being considered by the Ford government.
The Independent System Electricity Operator (IESO) was tasked with laying out a path to reducing Ontario’s reliance on natural gas for electricity generation and what it would take to decarbonize the entire electricity grid by 2050.
Meeting the goal, the IESO concluded, will require an “aggressive” approach of doubling the electricity capacity in Ontario over the next two-and-a-half decades — from 42,000…
