Potential Joint Venture Could Save Michigan Plant
Wolverine Power Cooperative and We Energies are evaluating whether a joint venture may be reached to avoid shutting down the Presque Isle coal-fired power plant in 2017 due to the added costs of the Environmental Protection Agency’s new environmental rules. The joint venture would finance the environmental controls needed to keep the plant open, which are estimated to cost hundreds of millions of dollars. The Milwaukee Journal Sentinel has the full story.