tag:blogger.com,1999:blog-26981669.post4088024268878923897..comments2024-03-23T10:55:30.196-05:00Comments on Cold Fusion Guy: Minneapolis: Clueless on how to run a utilityJim Peethttp://www.blogger.com/profile/07649414726939918803noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-26981669.post-35893781393179107232013-08-09T22:07:34.219-05:002013-08-09T22:07:34.219-05:00http://www.startribune.com/local/minneapolis/21906...http://www.startribune.com/local/minneapolis/219067391.htmlJim Peethttps://www.blogger.com/profile/07649414726939918803noreply@blogger.comtag:blogger.com,1999:blog-26981669.post-58316032628539124602013-08-09T22:06:51.755-05:002013-08-09T22:06:51.755-05:00Latest Push to create Minneapolis utility fizzles
...Latest <a rel="nofollow">Push to create Minneapolis utility fizzles</a><br /><br /><i>Many council members have voiced concern about how the city could afford to buy Xcel’s assets in Minneapolis, much less know how to distribute energy and handle large power outages caused by storms.</i>Jim Peethttps://www.blogger.com/profile/07649414726939918803noreply@blogger.comtag:blogger.com,1999:blog-26981669.post-25413000968396831112013-08-03T18:17:24.726-05:002013-08-03T18:17:24.726-05:00Minneapolis utility takeover: Unions and businesse...<a href="http://www.minnpost.com/two-cities/2013/08/minneapolis-utility-takeover-unions-and-businesses-join-forces-against-energy-act" rel="nofollow">Minneapolis utility takeover: Unions and businesses join forces against energy activists</a><br /><br /><i>Unions and the business community joined forces Thursday to tell members of the Minneapolis City Council that they think it’s a bad idea for the city to take over the gas and electric utilities.<br /><br />The energy activists, though, also were out in force to say that a public takeover is an idea worth more study.<br /><br />After more than 50 speakers and three and a half hours of testimony, just about everyone at the public hearings had expressed an opinion except the folks who will vote to move ahead or drop the idea.<br /><br />City Council members did not speak during the session and will not vote on the matter until Aug. 15.</i>Jim Peethttps://www.blogger.com/profile/07649414726939918803noreply@blogger.comtag:blogger.com,1999:blog-26981669.post-50685978041548598812013-08-01T12:47:33.135-05:002013-08-01T12:47:33.135-05:00Xcel CEO speaks to: Speaking to investment analyst...Xcel CEO speaks to: <a href="http://www.startribune.com/business/217942151.html" rel="nofollow">Speaking to investment analysts, CEO Ben Fowke says he expects Xcel to be the city’s electric utility for another 100 years.</a><br /><br /><i>In remarks to investment analysts, Xcel CEO Ben Fowke said the utility looks forward to working with those in the community who want more clean energy supplied to Minneapolis customers — a major driver of the proposal to create a municipal power company.<br /><br />“I think at the end of the day we are going to sit down, work with the city, and I think everybody recognizes the cost and risk, the enormous cost for Minneapolis, to go forward with something like that,” Fowke said in the conference call about its quarterly financial results.<br /><br />“We have been a partner for 100 years,” he added. “I suspect we’ll be a partner in Minneapolis for another 100 years.”<br /><br />Fowke said Xcel is ahead of many of the city’s renewable energy goals, saying the company will achieve a 30 percent reduction in greenhouse gas emissions by 2020.<br /><br />The remarks, in response to an analyst’s question, came as the Minneapolils City Council was holding a hearing on whether to push ahead with a municipal utility, a process that requires voter approval at the ballot box. The door is open for the city to kick out Xcel because its franchise to operate in the city expires at the end of 2014.</i>Jim Peethttps://www.blogger.com/profile/07649414726939918803noreply@blogger.comtag:blogger.com,1999:blog-26981669.post-54069216877031512032013-07-31T10:36:55.371-05:002013-07-31T10:36:55.371-05:00What a bizarre thing to focus on. What a bizarre thing to focus on. tobinnoreply@blogger.comtag:blogger.com,1999:blog-26981669.post-25347493572067235712013-07-31T10:19:57.996-05:002013-07-31T10:19:57.996-05:00Lessee....Minneapolis is going to get into the pow...Lessee....Minneapolis is going to get into the power distribution business just as Obama's anti-coal initiatives get moving. Even if they understood the business, which they obviously don't, they'd be getting into more than they could handle.<br /><br />The good thing is that a lot of those old Victorians still have an oil lamp or two and a fireplace. They'll need it. :^)Bike Bubbahttps://www.blogger.com/profile/08193546045614393425noreply@blogger.com