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Sherco Power Plant: The Wrong Project, for the Wrong Reasons, At a Big Cost

| Written by Nick Stumo-Langer | No Comments | Updated on Feb 13, 2017 The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/sherco-power-plant-the-wrong-project-for-the-wrong-reasons-at-a-big-cost/

Minneapolis Star Tribune – February 13, 2017

By John Farrell & Karlee Weinmann

A bipartisan group of state lawmakers, including Gov. Mark Dayton, last week endorsed Xcel Energy’s plan to build a new natural gas plant in Becker, Minn. What they’ve left out is that this project is a multibillion-dollar boondoggle.

Fortunately, there’s still time to stop it.

Led by Xcel and labor groups, proponents say the plan will safeguard jobs lost when Xcel shutters coal-fired generators at the site in the mid-2020s. But the new facility is projected to employ just 150 workers, roughly half the number currently employed by the coal operations. It’s hardly worth the $1 billion upfront price tag and billions more in fuel costs borne by ratepayers — especially when there are cheaper ways to protect the workers and generate the power.

Read the full story here.