We Energies and its major mining company customer in the Upper Peninsula reached an agreement today that effectively ends the need for ratepayer subsidies to keep an aging coal plant open in Marquette.
We Energies says it has made an offer to one of its large industrial customers in the Upper Peninsula that could end the latest dispute over ratepayer subsidies for an aging coal plant.
Michigan officials on Tuesday announced a proposed accord among multiple electric entities and private businesses to solve what some fear could turn into an energy crisis in the Upper Peninsula.
FERC has delayed a proposed cost-allocation structure that would leave Upper Peninsula residents paying tens of millions of dollars annually to keep an aging coal plant open in Marquette.
The uncertain future of the Upper Peninsula’s largest coal-fired power plant have lit a new fire under a long-simmering debate about potentially uniting with the rest of Michigan into a single power distribution system.