State agencies challenge utility’s plan to purchase gas-fired power plant in Minnesota

first_imgState agencies challenge utility’s plan to purchase gas-fired power plant in Minnesota FacebookTwitterLinkedInEmailPrint分享Minneapolis Star Tribune:Xcel Energy’s proposed $650 million purchase of a gas-fired power plant in Mankato has run into strong opposition from two state agencies concerned about its potential impact on ratepayers.Minneapolis-based Xcel in November announced its intent to buy the large power plant from Atlanta-based Southern Power. Xcel currently buys electricity from the Mankato plant on a long-term contract. The company says owning the facility would entail significant savings for ratepayers and would help preserve electric grid reliability.But the Minnesota Department of Commerce concluded that Xcel’s proposed ownership of the Mankato plant “is unlikely to create substantial savings,” according to a recent regulatory filing. “Overall, Xcel has not shown need or any net benefits to ratepayers for Xcel’s proposed (gas plant) purchase.” Meanwhile, the Minnesota Attorney General’s Office slammed the deal in a recent regulatory filing, saying Xcel “structured the proposed acquisition in an opaque backroom deal and in the absence of any competition, transparency or meaningful need for alternative analysis.”The two state offices represent the public before the Minnesota Public Utilities Commission (PUC), which is likely to decide next month on the Mankato deal.Xcel, Minnesota’s largest electric utility, rejects criticisms from both agencies, noting in a statement to the Star Tribune that it has followed the “appropriate process” with its acquisition proposal. Xcel said the Mankato deal is vital for system stability as the company adds variable solar and wind energy while closing its coal-fired power plants, a primary source of constant power. “The purchase of the Mankato Energy Center will help pave the way to exit the use of coal in the Upper Midwest a decade earlier than planned,” Xcel said in the statement. The company declined to make an executive available for comment.In a PUC filing, the Commerce Department questioned whether the Mankato purchase is needed to facilitate Xcel’s early exit from coal.More: Regulators rip Xcel’s proposed $650 million deal for Mankato power plantlast_img read more

Crum Trucking holds groundbreaking ceremony

first_imgBATESVILLE, Ind. – Crum Trucking announced earlier in the year that they would be expanding operations in Batesville, and held their groundbreaking ceremony yesterday.Once the expansion is complete, Crum will add up to 72 new high-wage jobs by 2019.Crum is investing $4.15 Million to more than double its current 12,635 square-foot facility.The 21,500 square-foot addition will house the company’s dispatch service and maintenance departments.last_img

Grande Prairie RCMP search for missing Toronto Girl

first_imgPhoto provided by Toronto Police Grande Prairie RCMP have been requested by Toronto Police Service to canvass public assistance regarding a missing 18 year old Mariam Makhniashvili- Advertisement -She was last seen on Monday September 14, 2009, at 8:30 a.m. in the Bathurst Street/Eglinton Avenue West Area of Toronto.An unconfirmed and uncorroborated tip was received that Makhniashvili may have been seen in Grande Prairie on December 2, 2009 at 9:40 a.m. at a hotel on the bypass.  Police arrived to confirm the female’s identity and she had already departed.She is described as five-foot-three, with light brown shoulder-length hair and brown eyes. She was last seen wearing black pants, a light blue shirt and a dark blue jean jacket.Anyone with information is asked to contact police at 416−808−5300, Crime Stoppers anonymously at 416−222−TIPS (8477), online at www.222tips.com, or text TOR and your message to CRIMES (274637).Advertisementlast_img read more