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Minnesota Power Outlines Its EnergyForward Resource Strategy

Stocks in this article: ALE

“The Laskin and Taconite Harbor facilities have provided reliable service and proven their value for customers over many decades, operated by talented and dedicated employees,” Hodnik said. “Like many employers in our region, Minnesota Power is experiencing a significant workforce transition now and for several years ahead,” Hodnik said. “Every effort will be made to redeploy skilled employees from affected facilities across our system, as Energy Forward evolves.”

Natural gas additions

As part of its Energy Forward plan, the company expects to add natural gas to its long-term power supply beyond the Laskin conversion to natural gas fuel. “We expect this next resource addition to occur sometime in 2020 or beyond,” Rudeck said. He said Minnesota Power’s energy mix in the future would consist of approximately one-third renewable energy, one-third natural gas and one- third coal-fired generation.

“For more than a century, Minnesota Power has been called upon to make the critical decisions that power our region’s communities, businesses and industry reliably and economically,” Hodnik said. “We recognize our responsibility to this region’s security, comfort and quality of life and that commitment will continue under our Energy Forward plan.”

Minnesota Power’s energy resource decisions and ongoing plans for fleet transition are subject to review and approval by the Minnesota Public Utilities Commission. As part of its Energy Forward plan, Minnesota Power will file its next Integrated Resource Plan (IRP) with the Minnesota Public Utilities Commission on March 1. The MPUC is anticipated to make a decision on the IRP by year end.

To learn more about Minnesota Power’s Energy Foward Plan click here to view an interview with ALLETE Chairman, President and CEO, Al Hodnik. Or visit our website at

Minnesota Power, a division of ALLETE, Inc., supplies electric service to 144,000 residents, 16 municipalities and some of the largest industrial customers in the United States.

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