Minnesota Power, a leading utility provider in the United States, has announced a significant step towards expanding its renewable energy portfolio. The company has issued a request for proposals (RFP) aiming to acquire up to 400MW of wind energy by the end of 2027, in line with its 2021 Integrated Resource Plan approved by the Minnesota Public Utilities Commission.
The RFP aligns with Minnesota Power's commitment to acquiring clean energy sources, including wind and solar power. As part of its EnergyForward strategy for a clean-energy future, the company seeks to diversify its energy sources while ensuring cost-effectiveness and reliability for its 150,000 retail customers.
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Minnesota Power is open to considering various project structures, including build-own-transfer and power purchase agreement projects, with a preference for capacities ranging from 100MW to 200MW. The company emphasizes the importance of projects located within the MISO Local Resource Zone 1, with direct interconnections to the transmission system and the ability to commence commercial production by 2026 or 2027.
Furthermore, the RFP aims to maximize the benefits of wind development, leveraging federal legislation such as the Inflation Reduction Act. Preferences will be given to projects in energy-impacted communities, diverse bidders, and the use of domestically sourced materials. Additionally, the RFP includes requirements for utilizing local prevailing wages, local labor for construction and permanent staffing, and the development of apprenticeship programs.
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Josh Skelton, Chief Operating Officer of Minnesota Power, highlighted the company's commitment to sustainability and community engagement. He emphasized the importance of projects that not only contribute to a carbon-free future but also create local jobs, foster economic benefits, and provide training opportunities in renewable technologies.
The expansion of Minnesota Power's wind portfolio represents a significant step towards meeting clean energy goals in the Upper Midwest. By tapping into the region's excellent wind resources and leveraging regional transmission assets, the company aims to deliver reliable renewable energy to its customers while ensuring a sustainable and thriving future for all stakeholders.
