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,…
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…
National news outlets such as The Wall Street Journal detail recent concerns about soaring energy prices crippling heavy industry in Germany and several other European countries. The nascent deindustrialization of…
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…
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…
State regulators have once again empowered environmental hardliners by postponing a decision on a natural-gas power plant proposed by Minnesota Power. While the plant will be built in Superior, the…