US: New Energy Forward De-Carbonization Policy Released By Minnesota Utility Company

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Minnesota Power, an ALLETE company, has unveiled its plans to deliver 100% carbon-free energy to customers by 2050, continuing its commitment to climate, customers and communities through its Energy Forward strategy.

“We are proud to be the first Minnesota utility to provide 50% renewable energy, but as we said when we reached this milestone in December, our transformation to a sustainable energy future is not yet complete,” says Bethany Owen, president and CEO of ALLETE. “We are meeting the challenge of climate change with a reliable energy supply while keeping costs affordable for customers in this region.” In the IRP, Minnesota Power will identify plans to increase its renewable energy supply to 70% by 2030 and achieve a coal-free energy supply by 2035.

These steps include: -Adding an estimated 400 MW of wind and solar energy -Retiring Boswell Energy Center Unit 3 by 2030 -Transforming Minnesota Power’s Boswell Energy Center Unit 4 to be coal-free by 2035 -Investing in a modern, flexible transmission and distribution grid.