[NEWS] Impact of Closing Minnesota Biomass Power Facility Revealed
– February 19, 2018, Bioenergy Insight
A recently published study from the Minnesota Department of Employment and Economic Development (DEED) has revealed the economic impact of closing a biomass power plant in the state.
In spring 2017 the Minnesota state legislature passed a law allowing Xcel Energy to buy and then shutdown Benson Power, a 50mW biomass facility that uses a mixture of poultry litter and wood to generate electricity. When announcing the closure, the legislature also directed DEED to carry out a study on the economic impact, state-wide, of closing the facility.
The results of the $150,000 study have now been published.
Interestingly, the report finds that despite having a negative local effect, across the state the closure would have a ‘slightly positive net economic impact.’
“That slight positive net economic impact would add jobs to the economy; even accounting for the loss of 45 jobs at the plant, the closure results in a net increase in jobs—ranging between a low of 53 jobs in 2018 to a high of 207 jobs in 2023,” the study states.