Minnesota Power proposes $700M renewable energy gas plant

By Peter Maloney, Utility Dive.

Dive Brief:

  • Minnesota Power and Dairyland Power Cooperative formed a joint venture to build a  $700 million gas-fired combined-cycle plant with a capacity of 525-550 MW in Superior, WI.

  • The partners plan to have the plant online by 2025. The new gas plant is part of Minnesota Power's push to wean off coal-fired generation, and will support the influx of renewable energy, the utility said in a statement. 

  • Minnesota Power also said it has a signed a 20-year agreement to buy wind power from the 250 MW Nobles 2 wind farm being developed by Tenaska and due online in 2019 and a 25-year PPA to buy 10 MW of solar capacity from a project being developer Royalton, Minnesota.