Senator seeks probe of natural gas price spikes during storm | News, Sports, Jobs marshallindependent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marshallindependent.com Daily Mail and Mail on Sunday newspapers.
A senator is calling for federal investigations into possible price gouging of natural gas in the Midwest and other regions following severe winter storms.
Minnesota businesses are paying too much for electricity
By Business Forum, Bill Blazar February 21, 2021 2:00pm Text size Copy shortlink:
Minnesota s electricity-generation system is in transition. Coal-fired generators are being replaced with wind and solar technology backed up by natural gas-powered generation, one of many steps our utilities take to insure 24/7 reliability. These combinations beat coal on both environmental impact and cost. All our state s coal-fired plants should be gone by 2035.
The demise of the natural gas backup plants will follow with most closed or repowered by 2050 2040 if Gov. Tim Walz has his way. This transition began decades ago but climate change has made it more urgent and technological improvements have made it more feasible, both in terms of system reliability and cost.