2 November 2009– Montana-Dakota Utilities Co. (MDU), along with several other partner utilities behind the planned Big Stone II coal-fired power plant, said they will not go on with the $1.6 billion project. The project required additional participants but none committed, according to a release from MDU.
The planned 630 MW plant was to be built in South Dakota, but Otter Tail Power Co., the project’s lead developer, pulled out in September. Great River Energy also pulled out of the project in 2007. Both companies said they would not commit to their share of the project. The recession and uncertainty about federal carbon legislation also played a part in their decision.
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