The vote by the state Public Utilities Commission (PUC) was unanimous. From the Minnesota Star Tribune, Private equity giant will control northern Minnesota’s biggest power company. The vote took place…
Agenda Item No. 1 on the calendar for the Thursday state Public Utilities Commission (PUC) meeting reads, In the Matter of the Petition of Minnesota Power for Acquisition of ALLETE…
A funny thing happened on the way to BlackRock’s takeover of Minnesota Power: the environmentalist movement was split. From Walker Orenstein at the Minnesota Star Tribune: Northern Minnesota power company…
An administrative law judge (ALJ) has issued her report on the proposed buyout of Duluth-based Minnesota Power by the private-equity firm BlackRock. Technically, BlackRock is buying MP’s parent company, Allete,…
Minnesota Power is hosting several open houses this week where the public can learn more about its proposed 63-mile transmission line. The proposed transmission line would span 63 miles and…
Starting April 1, the Minnesota Public Utilities Commission (MPUC) will hold a three-day series of hearings in St. Paul on the proposed acquisition of the electric utility Minnesota Power (MP).…
Minnesota Power, based in Duluth, got approval for a 4.9 percent rate hike to residential customers’ electricity rates compared to 2023 rates. Minnesota Power estimates the average residential customer will…
Duluth-based electric utility Minnesota Power (MP) announced this week that they had received approval from the state’s Public Utilities Commission (MPUC) for a $1 billion upgrade of an existing interstate…
A growing number of articles have detailed how soaring energy prices are crippling heavy industry in Germany and several other European countries. The nascent deindustrialization of Europe stems from decades of bad energy policies mandating…
In 2019, Minnesota Governor Tim Walz announced his plan to mandate that 100 percent of Minnesota’s electricity come from carbon-free sources by 2050. As part of his pitch, the Governor…
Minnesota’s mining operations and manufacturers use massive quantities of electricity, accounting for 30 percent of electricity consumption in 2022. Unfortunately, newly released data from the U.S. Energy Information Administration (EIA)…
Minnesota families who buy their electricity from Xcel Energy are paying the highest prices of any investor-owned utility in Minnesota, according to new data from the U.S. Energy Information Administration.…
Yesterday, Minnesota Power announced it would be increasing the price of electricity on its system by 18 percent to pay for its voluntary pursuit of more renewable energy sources, resulting…
Hot off the heels of Xcel Energy’s proposed $222 annual increase in the cost of electricity, Minnesota Power, which serves much of Northeast Minnesota, has announced it is seeking to…
Natural gas prices in the United States are soaring, and that could mean Minnesota families and businesses will be sore when they open their heating and electric bills this winter.…
Minnesota Power announced that their electricity is now 50 percent renewable, but not according to Minnesota's renewable energy mandate.
The newly-completed transmission line bringing hydroelectric power from Canada would supply more renewable energy than all of Minnesota's solar facilities, combined. But none of this power will count as "renewable"…
Last night, I drove down to Rochester to testify at a hearing on the Minnesota Senate’s Clean Energy First bill. As you will see in my testimony, this proposed legislation…
There is no reason for CUB to be more upset about Minnesota Power’s rate increase than Xcel Energy's. I submit that the reason CUB is less forgiving of Minnesota Power's…
The Minnesota Municipal Utilities Association (MMUA) represents electric utilities that are owned and operated by municipal governments throughout the state of Minnesota. The association publishes a monthly newsletter, and one…
This weekend, Mike Hughlett of the Star Tribune wrote an excellent article entitled “Minnesota’s Days of Cheaper Electricity Seem Numbered,” which details how Minnesota electricity prices have increased substantially in…