Great River Energy pulled out of the Big Stone II project, siting cost as the main reason. The project now lacks substantial funding.
Argus Leader
Big Stone Pullouts Leave Coal-fired Electricity's Future in Question
By Ben Shouse
Sept. 19, 2007
http://www.argusleader.com/apps/pbcs.dll/article?AID=/20070919/NEWS/7091...
Depending on who you ask, Monday’s events were either a minor setback or a major blow to the future of coal-fired electricity in South Dakota.
Great River Energy, a power cooperative serving Minnesota and Wisconsin, said Monday it was withdrawing from the Big Stone II power plant project near Milbank. A smaller utility in Minnesota also withdrew due to pending litigation.
The five utilities remaining in the Big Stone II partnership still plan to build the plant. But clean-energy activists say it could soon become part of a string of failed coal plant proposals across the country.
Underlying that disagreement is a difference of opinion over such fundamental issues as cost, risk and how the industry should address global warming.