Business Services Industry

Duluth, Minn.-based utility projects growing energy demand.

Knight Ridder/Tribune Business News, September, 2004

Duluth News-Tribune, Minn. Knight Ridder/Tribune Business News

Sep. 17--Minnesota Power Co. expects regional electrical demand to grow at an average annual rate of 1.7 percent for the next decade, according to a report filed Wednesday with the Minnesota Public Utilities Commission.

"We are banking on some growth in the commercial and residential sector and some of the more certain industrial expansions happening," said David McMillan, senior vice president of marketing and public affairs for Allete, parent company of the Duluth-based utility.

Industry consumes about two-thirds of Minnesota Power's electricity.

Until 2009, the utility will meet growing demand by short-term power purchases from other suppliers. For the 2009-2019...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
Click Here
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here