Dive Summary:
- Legislation proposed at the state capitol in Minnesota Monday included a raised price for Xcel Energy's electricity purchases from Laurentian Energy Authority's biomass generators.
- The adjustment for fuel costs introduced by Rep. Carly Melin would require Xcel to pay for wood chip and transportation costs incurred by Laurentian.
- Xcel official sreportedly expressed neutrality toward the bill.
From the article:
"... The bill, HF 623, modifies the agreement with Xcel Energy to purchase power generated by the Laurentian Energy Authority, which was created in 2005 when Hibbing and Virginia converted their coal-burning municipal combined heat and power plants to burn wood biomass. ..."