MPR News: ‘Rusty’ batteries could hold key to Minnesota's carbon-free power future
10 Feb 2023
News
In central Minnesota, a first-of-its kind pilot project will test whether new battery storage technology that uses a common process — iron rusting — could play a key role in the nation's transition to cleaner energy.
Great River Energy plans to install a 1.5 megawatt iron-air battery system next to its natural gas peaking plant in Cambridge, about 45 miles north of the Twin Cities, sometime next year.
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The Energy Efficient Equipment (E3) Loan Program administered by Great River Energy is seeing an uptick in activity as businesses work to overcome challenges related to workforce shortages, inflationary interest rates, and increased shipping and material costs.
One recent example is Midstate Plastics Corporation, a thermoforming and injection molded...
Great River Energy has joined regional economic development nonprofits and government EDAs over the past six years at locations all over northeast Minnesota to discuss the variety of economic development lending programs available to new and expanding businesses.
Often referred to as “gap financing” or “non-traditional financing,” the programs...
On Feb. 3, East Central Energy officially acquired the municipal electric distribution system of North Branch Water & Light. Approximately 2,000 homes and businesses within the city of North Branch were transferred to ECE, which previously served much of the surrounding area.
ECE VP/COO Andy Olson mentions, “ECE is...
