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Great River Energy announces sale of Coal Creek Station

Monday | May 2, 2022
All News

May 2, 2022

The latest step in the transition of Great River Energy’s renewable initiative is the sale of Coal Creek Station including the power plant and high-voltage direct-current (HVDC) transmission system to Rainbow Energy Center and Nexus Line, respectively. The transaction closed on May 2. Rainbow Energy Center will continue to operate the 1,151-megawatt (MW) power plant, and Great River Energy will operate and maintain the HVDC system for Nexus Line under a 20-year contract.

As part of this agreement, Great River Energy will purchase 1,050 MW of power from Rainbow Energy Center through early 2023, at which time the purchase amount decreases to 350 MW for eight years.

By reducing its coal-based energy and more than doubling its renewable energy, Great River Energy will reduce its carbon dioxide emissions by more than 80% by 2032, achieving Minnesota’s emissions target nearly two decades ahead of schedule.

“The power supply of Great River Energy reflects the values of our membership and advances Minnesota toward its energy and environmental goals,” said Jon Brekke, Great River Energy’s vice president and chief power supply officer. “We are transitioning from a historically coal-dependent cooperative to one with low carbon intensity. The balance in the new portfolio, including peaking, wind and the purchase of energy from Rainbow, is important for reliability and risk mitigation.”

See more at https://greatriverenergy.com/transmission/low-carbon-future-comes-into-…

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4065 Highway 73, Kettle River, MN 55757

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  • My Account
    • Sign In
    • Pay Now
    • My Bill
    • Billing Options
    • Update My Account
    • Submit Meter Reading
    • My Notifications
    • Capital Credits
    • Frequently Asked Questions
  • Money Saving Programs
    • Residential Members
      • Rates and Rebates
      • Heating & Cooling Options
      • Electric Vehicles
      • Contractor Resources
      • Today's Load Control Times
    • Business Members
      • For Your Business
      • Economic Development
      • Business Financing
      • Today's Load Control Times
  • Outages and Safety
    • Report an Outage
    • Outage Map
    • Storm Center
    • Safety Center
    • Why Outages Happen?
    • How Power Is Restored?
    • Tips For Outages
  • Start/Stop Service
    • Apply for NEW Construction Service
    • Transfer EXISTING Service
    • Disconnect/Reconnect
    • Renewable Energy
    • Right Of Way
    • Viasat High Speed Internet
    • Meter Removal from Socket
  • My Cooperative
    • About Us
      • About Lake Country Power
      • What Is An Electric Cooperative?
      • Electric Rates
      • Directors & Districts
      • Career Opportunities
      • LCP Senior Staff
      • IRS Form 990
    • Members
      • Member Center
      • New Member Packet
      • Co-op Bylaws
      • Board Minutes (Sign In)
      • Policies (Sign In)
      • Financials (Sign In)
      • Annual Meeting
      • Board Meetings
      • Service Satisfaction Survey
    • Community
      • Community Center
      • Events
      • Operation Round Up®
      • Scholarships
      • Youth Tour
      • Co-op Connections Card
      • Community Awards
  • Newsroom
    • Lake Country Power News
    • "Newsline" Newsletters
    • LCP-TV/Videos
    • New Meter FAQs
    • Media Contacts
    • 2021 Construction Projects
    • Safety Center