Now that a couple days have gone by I’m starting to calm down about Thursday’s news about the PUC’s denial of Excelsior Energy’s mandated power purchase agreement with Xcel. The company’s outrageously optimistic reaction to this news, a serious setback for EE’s Mesaba Energy Project, is driving me nuts, but it’s really all they can do so it shouldn’t surprise me or you.
Fact is, legally speaking, this gaggle of lobbyists and lawyers can continue trying to sell their experimental coal gas plant until 2012, as pointed out in this Mike Jennings Hibbing Daily Tribune story this morning. We need to just settle in and wait for the spin machine to fire up over the next legislative session. That is, unless events this summer and fall precipitate an early conclusion. We shall see.
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