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Article: United States : MDU, others will not build SD Big Stone 2 coal plant.
- Article from:
- TendersInfo
- Article date:
- November 4, 2009
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Byline: Mamta03
MDU Resources Group Inc (MDU.N) said late Monday it would not build the planned 500-to-600-megawatt Big Stone II coal-fired power project near Milbank, South Dakota.
MDU said in a release the project required additional participants to move forward but none have committed.
In September, Otter Tail Corp (OTTR.O), Big Stone II's lead developer, withdrew from the project due to the economic downturn and the high level of uncertainty associated with proposed federal climate legislation.
The federal government was working on legislation to limit carbon dioxide and other greenhouse gas emissions -- likely by putting a price ...