Minnesota Power, a utility division of ALLETE Inc., is advancing its EnergyAhead plan by considerably growing the quantity of renewable energy it gives over the following 15 years, primarily based on an settlement reached with stakeholder teams.
In a letter filed with the Minnesota Public Utilities Commission as a part of the Integrated Resource Plan (IRP) proceedings, Minnesota Power mentioned it can search as much as 400 MW of wind energy and 300 MW of regional solar energy. That’s practically double what the corporate proposed in its preliminary Integrated Resource Plan submitting, which referred to as for the corporate so as to add 200 MW of wind and 200 MW of solar as a part of its EnergyAhead blueprint for reaching 100% carbon-free energy by 2050.
“Before and during the state’s IRP process, we have prioritized listening and taking feedback from customers, communities and organizations that will benefit from our clean energy transition for all,” says Minnesota Power COO Josh Skelton. “We are pleased that we could work with these stakeholders to reach an agreement that allows us to continue on our path to a carbon-free supply while also protecting safe and reliable energy at competitive rates.”
The Minnesota Public Utilities Commission will take into account the following steps in Minnesota Power’s EnergyAhead plan because it holds two hearings to debate the main points of the corporate’s IRP. The fee is predicted to vote on the IRP on Nov. 22, together with the settlement reached on growing renewables.
If authorised, below the settlement Minnesota Power will advance storage initiatives that assist funding in its renewable portfolio and proceed to judge the transition of Boswell Energy Center (Boswell Unit 3 will stop coal operations by 2030). Other useful resource issues, together with electrical grid strengthening proposals such because the MISO Long-Range Transmission Plan and a beforehand authorised pure fuel power plant, have been deferred till future regulatory filings.
“Our planning for a sustainable transformation requires a flexible and dynamic approach. Since the filing of our IRP in February 2021, there have been many exciting developments, including the passage of the Inflation Reduction Act and the Infrastructure Investment and Jobs Act, that support lowering the cost of renewables,” Skelton provides.
“Minnesota Power has been proactive and responsive with our commitment to climate, customers and our communities that is driving our national leadership to achieve a carbon-free supply of energy,” concludes Skelton. “Our EnergyForward plan being considered by the Commission this month accomplishes these goals in a way that reflects what is realistic today and what is possible tomorrow as we meet our goal of providing safe, reliable and affordable power to all customers.”