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TexasTowelie

(117,040 posts)
Sun Jan 9, 2022, 04:09 AM Jan 2022

Minnesota regulators green light sale of power line tied to North Dakota's largest coal plant

BISMARCK — The sale of North Dakota’s largest coal-fired power plant cleared a final procedural hurdle on Thursday, Jan. 6, when Minnesota utility regulators approved a permit transfer for the facility’s attached 436-mile transmission line, which carries electricity to the Twin Cities area.

The five-member Minnesota Public Utilities Commission voted unanimously to approve transfer of the valuable high voltage line from the ownership of the Twin Cities-based Great River Energy to Nexus Line, an affiliate of the Bismarck-based Rainbow Energy Marketing Corp. — part of a larger deal that appears poised to rescue North Dakota’s largest coal plant from shutting down.

The transfer of the power line was delayed by the Minnesota PUC in September after a push by environmental groups in the state to require more information from Rainbow Energy. The Minnesota PUC holds jurisdiction over portions of the transmission line transfer, but not the sale of Coal Creek Station itself.

“Though I would like to demand that all that energy be renewable from North Dakota, I also am accepting reality today,” said PUC Commissioner John Tuma. “This is a good result, and I think letting it bake a little longer was also the right thing.”

Read more: https://www.inforum.com/news/north-dakota/minnesota-regulators-greenlight-sale-of-power-line-tied-to-north-dakotas-largest-coal-plant

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Minnesota regulators green light sale of power line tied to North Dakota's largest coal plant (Original Post) TexasTowelie Jan 2022 OP
It will become like PG&E, profits first with huge increases to users & a huge drop in reliability.nt ShazamIam Jan 2022 #1

ShazamIam

(2,712 posts)
1. It will become like PG&E, profits first with huge increases to users & a huge drop in reliability.nt
Sun Jan 9, 2022, 09:06 AM
Jan 2022

Stupid move by Minnesota PUC. They have sold out their citizens.

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