Great River Energy’s Decision to Close Coal Creek Station Is Based on an Estimated $1 Billion Subsidy From the Taxpayers
MINOT, N.D. — Minnesota-based Great River Energy gave North Dakota’s economy a firm kick in the teeth recently with its announced decision to close Coal Creek Station.
That’s the state’s largest coal-fired power plant, employing hundreds of people directly and driving commerce that employs thousands indirectly.
Publicly, Great River Energy officials have been making sorrowful noises about closing the plant, though, behind the scenes, the CEO was exchanging high-fives with cooperative customers over email.
The company has said they’re open to finding a buyer for the facility, so it can keep operating, and North Dakota’s political leadership seems to think that’s possible.
I’ll believe it when I see it.