ALLETE says return of large commercial customers will improve power sales over remainder of year

摘要

The return to operations of some, though not all, of ALLETE Energy's large industrial electricity customers in Minnesota will allow it to see improved generation levels in the remaining four months of this year, the company said Aug. 5. "We are now better able to quantify COVID-19 impacts on the remainder of 2020, as impacts have been played out thus far for Minnesota Power's large power customers," said ALLETE President and CEO Bethany Owen during the company's second-quarter earnings call. ALLETE, headquartered in Duluth, Minnesota, owns electric utilities Minnesota Power and Superior Water, Light and Power of Wisconsin. It also owns ALLETE Clean Energy. Minnesota Power "received demand nominations" Aug. 1 that are in effect through Dec. 31 from Cliffs' Northshore Mining, US Steel Minntac and Hibbing Taconite, the company said. It noted however, that two other customers, US Steel's Keetac and Verso Paper "remain indefinitely idled."