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Otter Tail Power Company completes Astoria Station

Otter Tail Power Company completes Astoria Station Devils Lake Journal DEVILS LAKE- After years of planning and two years of construction and testing, Otter Tail Power Company’s Astoria Station now is part of the Midcontinent Independent System Operator (MISO) energy market, allowing MISO to economically dispatch the unit. Located in Deuel County, South Dakota, this 245-megawatt (MW) simple-cycle natural gas combustion turbine stands ready and able to generate reliable electricity Otter Tail Power customers can count on. Offering flexible operations This quick starter is nimble and capable of swiftly adapting as energy demand fluctuates and market conditions change. The company designed Astoria Station to meet customers’ future energy needs, replace expiring capacity purchase agreements, and prepare for the 2021 retirement of its 1950s-era 140-MW coal-fired Hoot Lake Plant in Fergus Falls, Minnesota. It provides a reliable backstop for the Merricourt Wind Energy Center, which

Hearings set to discuss Otter Tail Power rate increase proposal

Otter Tail Corp (OTTR) Q4 2020 Earnings Call Transcript

Otter Tail Corp (OTTR) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Otter Tail Corp (NASDAQ: OTTR) Q4 2020 Earnings Call Operator Good morning and welcome to Otter Tail Corporation s 2020 Earnings Conference Call. Today s call is being recorded, and we will hold a question-and-answer session after the prepared remarks. I will now turn the call over to the company for their opening comments. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our

Walz wants public utilities to meet lofty goal by 2040

Minnesota Gov. Tim Walz has been listening to the Minnesota Pollution Control Agency (MPCA) and he is pushing for a goal of having carbon-free electricity in the state by 2040. According to a report recently released by the MPCA, the state is not currently on track to meet the goals of cutting overall greenhouse gas emissions by 30% in the next four years. The MPCA reports that overall greenhouse gas emissions have declined a mere 8% since 2005. Walz sees the state’s electrical utilities as being the most progressive in reducing fossil fuel use and is counting on them to lead the way in cutting a decade off his 2050 goal of an 80% reduction in greenhouse gases. Along with DFL lawmakers, Walz wants to set a deadline for utilities to employ zero-emission energy resources by 2040.

Merricourt Wind Farm Construction Complete

Photo: Otter Tail Power Company MERRICOURT, N.D. (NewsDakota.com) – After years of planning and 17 months of construction, Otter Tail Power Company’s Merricourt Wind Energy Center is operational. Located in southeast North Dakota, blades are spinning on this 150-megawatt (MW) facility, harnessing some of our nation’s best wind resources to generate power. Otter Tail Power Company’s customers have seen the benefits of wind resources since 2002. But this project will go down in company history. “Completing the Merricourt Wind Energy Center marks a major milestone,” said Otter Tail Power Company President Tim Rogelstad. “At approximately $260 million, Merricourt is the largest capital investment in Otter Tail Power Company’s history, bringing us one step closer to our goal of serving customers with more than 35 percent renewable energy by 2023. Thank you to everyone involved with this project. From community members, civic leaders, and government agencies, to employees