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October 9, 2020 (IEEFA U.S.) ‒ In case you missed it (ICYMI), Director of Resource Planning Analysis, David Schlissel and analyst/editor Dennis Wamsted presented webinars October 6 and 7 on IEEFA’s report Project Tundra: A Step In the Wrong Direction.

Map of Coal Creek and Milton R. Young power plantsCarbon Capture and Storage (CCS) is often promoted as a technology that brings benefits to business, local communities and the environment. IEEFA’s analysis of Project Tundra, however, finds significant risks and uncertainties that undermine the proposal’s economic viability and could lead to higher costs for the ratepayers of the cooperatives that buy power from Minnkota.

The webinar explored the economic pitfalls of retrofitting the aging Milton R. Young coal plant Unit 2 with carbon capture. Even with federal 45Q tax credits, the analysts noted, Minnkota co-op members could wind up facing onerous costs, making the project economically unsound.

The Webinar is archived here:

View the PowerPoint:

Read the Report: Project Tundra: A Step in the Wrong Direction

Media Contact
Vivienne Heston ([email protected]) +1 (914) 439-8921

The Institute for Energy Economics and Financial Analysis (IEEFA) examines issues related to energy markets, trends and policies. The Institute’s mission is to accelerate the transition to a diverse, sustainable and profitable energy economy.

David Schlissel

David Schlissel has over 30 years of experience as a regulatory attorney and consultant on energy and utility issues. He has testified as an expert witness before regulatory commissions in more than 35 states and before the U.S. Federal Energy Regulatory Commission and the Nuclear Regulatory Commission.

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Dennis Wamsted

At IEEFA, Dennis Wamsted focuses on the ongoing transition away from fossil fuels to green generation resources, focusing particularly on the electric power sector.

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