Cooperatives Archives - Page 16 of 23 - Great River Energy
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Industry leaders plan to ‘Electrify Minnesota’

Beneficial electrification, Cooperatives, Electric vehicles /

Electrification is a central principle among energy stakeholders, but requires advance collaboration and investment As the only sector exceeding decarbonization goals, the electric industry is leading the clean energy transition. To continue this momentum, legislators, utilities and consumer technology leaders strategized future electrification opportunities at an event called “Electrify Minnesota” hosted by the Beneficial Electrification […]

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Low-carbon future comes into focus

Company news, Cooperatives, Initiatives, Power generation resources, Renewable energy, Transmission /

If you were to start an electric company from scratch, what would it look like? Great River Energy President and Chief Executive Officer David Saggau has described his vision for the ideal power provider for Minnesota’s cooperative members. “You would start with a portfolio of renewable energy resources at locations throughout the Midwest,” Saggau said.

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Leading the charge

Beneficial electrification, Company news, Cooperatives /

Electric sector’s greenhouse gas reductions putting state goal in reach Great River Energy and other Minnesota utilities are setting the pace to meet the state’s emissions target. Between 2005 and 2018, greenhouse gas emissions related to electricity dropped 29% in Minnesota. The sectors with the next biggest reductions — waste and transportation — reduced emissions

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Great River Energy returns $25 million to members

Company news, Cooperatives, Member-owner cooperatives /

Cooperatives are not-for-profit organizations that operate at cost, only collecting enough revenue to run the business and meet their financial obligations. When a cooperative enjoys financial success, it returns those dollars to members through patronage capital payments. That’s what occurred in March when Great River Energy issued $25 million in patronage capital payments to member-owners.

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Angel Foundation wins statewide Touchstone Energy Community Award

Cooperatives, Member-owner cooperatives /

A nonprofit organization that provides support and financial assistance to Minnesotans and their families who are battling cancer is this year’s statewide winner of the Touchstone Energy Community Award. Angel Foundation accepted the award along with a $1,000 prize from Minnesota’s Touchstone Energy Cooperatives, a collective of electric co-ops that provide community support and host

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2021: A great year for Great River Energy’s reliability

Company news, Cooperatives, Transmission /

Great River Energy uses 10 industry-accepted reliability indices to measure transmission reliability to its 28 member-owner cooperatives. New records were set for eight of those measurement in 2021, resulting in one of the best years for Great River Energy’s reliability on record. “Unusually mild weather in the state and our investments in the grid contributed

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Bill credits counteract inflation effects

Company news, Cooperatives, Member-owner cooperatives /

Corporate earnings for 2021 are showing all-time high profits for American companies, on average. Those funds might be used by companies to buy back shares, pay higher dividends and build their balance sheets. At a cooperative like Great River Energy, those dollars are given back to the membership. Due to strong sales and cost containment,

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Great River Energy earns top score on Corporate Equality Index

Company news, Cooperatives, Sustainability /

Great River Energy recently received a perfect score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The cooperative joins more than 840 major U.S. businesses that earned top marks this year. “We are proud

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