Under the 2013 Resource Plan the company will:
- Request proposals for up to 200 megawatts of additional wind energy following the extension of the federal Production Tax Credit to be brought online in 2014-2015.
- Continue and enhance its leading-edge Power of One conservation program to meet or exceed state conservation goals of 1.5 percent.
- Invest $350 million in additional environmental control technology at Boswell Unit 4, the company’s newest, largest and most efficient generating unit, to retain reliability and reduce mercury emissions by 90 percent. The upgrades will comply with the Minnesota Mercury Emission Reduction Act and the EPA Mercury Air Toxics Standard (MATS).
- Reduce coal fired generation on its fleet by 185 megawatts through the conversion of Laskin Energy Center in Hoyt Lakes to a natural gas peaking station and the retirement of one of three units at Taconite Harbor Energy Center in Schroeder.
- Further transition the company’s energy supply mix toward one-third natural gas and other market resources, one-third coal, and one-third renewable energy in the long term through hydro and wind energy additions and a post-2020 natural gas generation resource.
- Leverage surplus energy market conditions to maintain competitive electric service rates.
- Deliver 250 megawatts of hydropower under contract from Manitoba Hydro by 2020 through a proposed 500-kilovolt transmission line – the Great Northern Transmission Line.