Startup delay: Economy pushes opening of GRE plant operations to 2012
Published 05/28/2010, The Jamestown Sun
A slow economy and a lagging demand for electricity will delay the start of operations at the Great River Energy plant at Spiritwood, according to Rick Lancaster, vice president for generation for GRE. “There are a couple of reasons for this,” he said. “The slowdown in the market due to the recession means that prices and demand are down and, because we are a cooperative, we charge rates based on assets in service and by delaying the operations we can give our rate payers a break.”Word count: 374
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