Company news Archives - Page 12 of 15 - Great River Energy
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Great River Energy clean energy transition brings era of rate stability

Company news, Cooperatives, Member-owner cooperatives /

Most Great River Energy member-owner cooperatives will see wholesale rates decrease in 2022 At a time when prices are rising on many products and services, Great River Energy is holding its wholesale electricity rates relatively flat into 2022 and projecting rate stability into the future. “We spent over a decade transitioning to a portfolio of …

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Working with stakeholders to consider diverse views

Company news, Cooperatives /

Great River Energy hosted a virtual event Tuesday, Oct. 5, for the Great Plains Institute (GPI), a nonprofit organization striving to ensure the United States is on the right path in the next decade to achieve a net-zero carbon economy by 2050. Great River Energy President and Chief Executive Officer David Saggau provided opening comments. …

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Board donates $25,000 to Louisiana hurricane relief

Company news, Cooperatives, Sustainability /

One of the mainstay principles of Great River Energy’s business model is “cooperation among cooperatives.” That can mean sending additional crews out to an area to help restore power more quickly for a co-op’s members or sending financial help to cooperative service territories recovering from extreme storm damage. Great River Energy’s board recently took action …

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Co-ops bring EV charging station to state park

Beneficial electrification, Company news, Electric vehicles, Member-owner cooperatives /

A collaboration between electric cooperatives and the Minnesota Department of Natural Resources (DNR) is further expanding the state’s electric vehicle (EV) infrastructure. Great River Energy, its member-owner cooperative East Central Energy and the DNR recently gathered to mark the successful installation of a new EV charging station at Banning State Park, located in Sandstone, Minnesota. …

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‘Sota Grown partners mark a year of success

Beneficial electrification, Company news, Initiatives, Member-owner cooperatives /

Following a year’s delay due to the COVID-19 pandemic, the partners behind ‘Sota Grown gathered last month at the site of their indoor agriculture food project for a celebratory ribbon-cutting event. ‘Sota Grown is an innovative pilot project that’s growing leafy greens inside a renovated shipping container at Central Lakes College’s (CLC) campus in Staples, …

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Battery project includes Minnesota flair

Company news, Cooperatives, Initiatives, Power generation resources /

Great River Energy’s partner on its upcoming Cambridge Energy Storage Project, Form Energy, recently revealed long-awaited details about its technology. The primary component of Form Energy’s first-of-its-kind, multi-day battery is also a cornerstone of Minnesota’s economy: iron. Form’s previously closely guarded technology is what sets it apart from other grid-scale batteries. “While other battery technologies …

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Great River Energy: Working together and doing what’s right

Company news, Cooperatives, Member-owner cooperatives /

A message from David Saggau, President and CEO, Great River Energy:  Great River Energy is focused on building a better future for the member-owners we serve and the stakeholders who are impacted by the things we do. Over the past several years, we have reduced costs, mitigated our carbon risk, added renewables and completed a …

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Power plant sale helps advance critical environmental technology

Company news, Cooperatives, Power generation resources /

There are a lot of differing views when it comes to discussing the future of electricity production. One promising technology, however, has gained support from the business community, environmental advocates, the White House and elected officials on both sides of the aisle: carbon capture, utilization and storage (CCUS). By removing the greenhouse gas emissions from …

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Power supply transformation continues

Company news, Cooperatives, Power generation resources /

Great River Energy reached an agreement to sell the Coal Creek Station power plant to Rainbow Energy Center, LLC. The sale of Coal Creek Station will avert the plant’s closure, which was scheduled for the second half of 2022. Rainbow Energy Center will purchase and operate the 1,151-megawatt (MW) power plant using current plant employees …

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