Early May damage to the electric system included second-most damaging event in Great River Energy’s history Great River Energy is well on the road to recovery after three rounds of severe storms took a heavy toll on its power line system. According to WCCO-TV, the stretch of damaging, back-to-back severe storms Minnesota experienced on May […]
Strong recovery follows trio of spring storms Read More »
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
Industry leaders plan to ‘Electrify Minnesota’ Read More »
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.
Low-carbon future comes into focus Read More »
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
Leading the charge Read More »
The motto of the Minnesota National Guard — “Always ready, always there.” — also rings true to the men and women who provide electricity to cooperative members across Minnesota. It should come as no surprise that many employees of Great River Energy and its member-owner cooperatives come from military backgrounds — and that cooperatives strive
Always ready, always there Read More »
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.
Great River Energy returns $25 million to members Read More »
Great River Energy members elect directors; board elects officers Part of being a democratically governed electric cooperative involves gathering annually and establishing the structure of the board of directors for the upcoming year. During these annual meetings, cooperatives elect the directors — new and old — to their seats on the board and hold elections
Democracy in action Read More »
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
Angel Foundation wins statewide Touchstone Energy Community Award Read More »
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
2021: A great year for Great River Energy’s reliability Read More »
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,
Bill credits counteract inflation effects Read More »