Senators Kari Dziedzic (DFL-Minneapolis) and Bobby Joe Champion (DFL-Minneapolis) this morning learned that Xcel Energy issued a notice of termination to Crown Hydro in connection with the 2002 Renewable Development Grant Contract. Xcel’s decision is in compliance with a Minnesota Public Utilities Commission Order dated October 15, 2018. The utility also issued a notice of termination in connection with the corresponding Power Purchase Agreement dated January 23, 2003 between Northern States Power Company and Crown Hydro LLC.
Sens. Dziedzic and Champion, who represent the Historic St. Anthony Falls District on opposite sides of the Mississippi River, issued the following statement in response to today’s developments.
“We are pleased that Xcel Energy terminated the Grant Contract and the Power Purchase Agreement with Crown Hydro for a proposed hydroelectric facility in the St. Anthony Falls Historic District. After extensive public comment from community groups, local government bodies, and public officials at all levels of government, the PUC correctly concluded that the Crown Hydro project has become ‘contrary to the public interest.’
A lot of people were involved in this process and we would like to thank them. Listening to our constituents and sharing their concerns with decisionmakers like the PUC is very important to us. We appreciate the PUC for giving us the opportunity to provide public input on this matter.
Renewable energy options and renewable energy technology have changed over the last 25 years, and so has the St. Anthony Falls Historic District. People who live in the area understand that the riverfront was a lot different when public officials first considered the proposed hydroelectric facility in 1991. The Historic District is revitalized with new housing, a variety of restaurants and entertainment venues, and vibrant public spaces that attract over two million visitors to the area.
The proposed facility no longer makes fiscal sense for the area or the State of Minnesota.”