Commission Approves Minnesota Power’s Resource Plan

Minnesota Power’s 2013 resource plan for meeting the electric energy needs of its customers with a diversified energy mix while preserving reliability and protecting affordability was approved by the Minnesota Public Utilities Commission on September 25. Minnesota Power is an operating division of ALLETE Inc. (ALE).

Minnesota Power’s resource plan recommended specific actions on its coal generation fleet to comply with state and federal environmental regulations, the addition of new renewable resources in the short term and a significant natural gas addition early in the next decade to further diversify its power supply and reduce carbon emissions.

 

The Company’s approved plan is based on its EnergyForward resource strategy, a roadmap to providing customers with reliable, cost-effective and environmentally compliant power for decades to come. EnergyForward further transitions the company’s energy supply mix toward one-third renewables, one-third coal and one-third natural gas and other market resources long term through hydro and wind energy additions, coal-fired energy reductions and a post-2020 natural gas generation resource.

 

“We’re pleased with the commission’s decision approving our plan for Minnesota Power to continue diversifying its energy mix in a balanced way that helps ensure reasonable cost and reliability along with increased environmental stewardship,” said Alan R. Hodnik, president, chairman and CEO of ALLETE. “Electric power needs to be affordable for customers and cleaner for the environment, and that’s why key steps such as retrofitting the workhorse of our generation fleet to reduce emissions, adding more, lower cost renewables and sustaining our strong energy conservation programs are so important.”

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