MINNESOTA CAN BE A CLEAN ENERGY LEADER
Minnesota set its first goals around clean energy back in 2007 with the Next Generation Energy Act, which requires the state to reduce greenhouse gas emissions by 80% between 2005 and 2050. Since then, utilities, the Public Utilities Commission, and the state Legislature have taken additional steps to reduce emissions and increase clean energy. Currently, 52% of Minnesota’s power is from carbon-free sources, and the state is on track to get more than 75% of our electricity from carbon-free sources by 2030.
Moving Minnesota towards clean energy with the 100% clean energy by 2040 bill means business opportunity, strengthening Minnesota’s energy independence and security, and mitigating climate and business risk.
The 100% Clean Energy legislation requires all Minnesota electric utilities to use only carbon-free energy by 2040. The plan sets five-year benchmarks to ensure reliable, affordable electricity to Minnesotans—80% by 2030, 90% by 2035, and 100% by 2040.
Three of Minnesota’s largest utilities—Xcel Energy, Minnesota Power, and Great River Energy—have already committed to 100% clean energy by 2050 or sooner. Passing this legislation is still important to ensure affordability and transition goals are included in electric utility planning.
The Minnesota Energy Factsheet is a companion to the 2022 Sustainable Energy in America Factbook, compiled by research firm BloombergNEF for the Business Council for Sustainable Energy (BCSE).
In 2021, nearly 58,000 Minnesotans worked in energy efficiency and clean energy, making the industry a major and promising part of the state’s economy. The report comes after Congress and the Biden administration passed the largest investment in climate and clean energy in history which are set to boost clean energy jobs and businesses across the state.
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CEEM works with clean energy business across Minnesota to bring their unique voice to our policymakers at the Minnesota Capitol. We also work to tell the stories of clean energy businesses, workers and projects and help the public understand the benefits of a clean energy economy.
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