Organizations Celebrate NTEC Fossil Gas Plant Hitting Major Setback, Groups Call on Dairyland Power Coop to Cancel Plans
Key Takeaway
The withdrawal of a key partner from a major fossil gas project due to public and regulatory pressure underscores the escalating risks for new conventional generation and reinforces the market's pivot towards cleaner, more resilient energy solutions.
AI Summary
- •Minnesota Power has officially withdrawn from the proposed Nemadji Trail Energy Center (NTEC) fossil gas plant project.
- •This withdrawal leaves Dairyland Power Cooperative and Basin Electric Power Cooperative as the remaining developers, creating a major setback for the project.
- •The decision follows significant pressure from environmental organizations and public opposition, signaling increased regulatory and social license risks for new conventional generation.
- •For developers and large power consumers, this highlights the growing difficulty and potential for cancellation of large-scale fossil fuel projects, potentially accelerating opportunities for renewable energy and storage solutions in the region.
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Article Content
SUPERIOR, Wisconsin — On Friday, in a Minnesota Public Utilities Commission filing by Minnesota Power, the company announced that it will withdraw from the proposed Nemadji Trail Energy Center (NTEC) gas plant project, which it had been developing with Dairyland Power Cooperative (based in Wisconsin) and Basin Electric Power Cooperative (based ... [continued] The post Organizations Celebrate NTEC Fossil Gas Plant Hitting Major Setback, Groups Call on Dairyland Power Coop to Cancel Plans appeared first on CleanTechnica .