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| June 26, 2007: Utilities Seek ND Regulators' Endorsement for SD Power PlantMedia Clip
Posted June 29th, 2007 by elena
The North Dakota Public Service Commission began hearings to assess whether Big Stone II will hold risk for utility customers. Commissioner Kevin Cramer said the group will make a decision based on alternatives and whether Big Stone II is the lowest-cost option. Associated Press BISMARCK, N.D. - Two utilities want the blessing of North Dakota regulators for a $1.6 billion power plant expansion, which they say is needed to meet rising demand for electricity from the region's customers. The North Dakota Public Service Commission's review of the Big Stone II project, which is planned for construction in northeastern South Dakota, should help utilities obtain cheaper construction financing and save money for ratepayers, executives say. An environmental group contends the project holds significant risks for utility customers, including rising construction costs, higher railroad freight rates and the likelihood of new federal regulations that will make coal-generated electricity more expensive |
