All but two DFL Senators vote against legalizing new nuclear power
Earlier this week, the Minnesota State Senate moved forward to legalize the construction of new nuclear power plants in the state by including it in an omnibus bill for further…
Minnesota currently has a law mandating that 25 percent of the state’s electricity come from renewable energy sources, like wind and solar, by 2025. Some lawmakers have proposed doubling the renewable energy mandate (REM), requiring that 50 percent of our electricity be generated by renewable sources by the year 2030, and Governor Walz has proposed a 100 percent carbon-dioxide-free electric grid by 2050.
This report chose to calculate the impact of a 50 percent REM, rather than a 100 percent REM, because research from the Massachusetts Institute of Technology shows using wind, solar, and batteries to achieve 100 percent of electricity generation would be exponentially more expensive than a 50 percent renewable benchmark.
Enacting a 50 percent renewable energy mandate by 2030 would:
In contrast, Minnesota could achieve the same reduction in carbon dioxide emissions by building new nuclear power plants for far less cost. Utilizing Minnesota’s existing coal-fired power plants would save Minnesotans $7.5 billion through 2050 and create 1,500 jobs.