2020 Minnesota Energy Factsheet

The Minnesota Energy Factsheet is a companion to the 2020 Sustainable Energy in America Factbook, compiled by research firm BloombergNEF for the Business Council for Sustainable Energy (BCSE). The Factsheet outlines key trends influencing national and state investment and economics, energy supply, and energy demand. As the American energy sector continues its transformation to cleaner, cheaper sustainable energy, Minnesota remains a leader. 

Nearly 50% of Minnesota's power came from zero-carbon sources in 2019 and renewable energy provided a quarter of Minnesota's electricity in 2019.

These statistics, along with other highlights described below, show how Minnesota is working to create a better clean energy economy. To learn about the clean energy jobs that are facilitating this work, visit our Clean Jobs page

Energy Storage

 

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Reducing Minnesota Emissions

49 percent of Minnesota's power came from zero-carbon sources in 2019. Zero-carbon energy sources include all renewable and nuclear energy.

Power sector carbon emissions in Minnesota declined 37% between 2005 and 2019 due to the clean energy transition.

Climate and clean energy impact Minnesota’s communities. We share the stories of clean energy businesses, working across political divides to support the business voice of clean energy.

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Clean Energy Gets Cheaper

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Excluding the production tax credit (PTC), new wind builds are cheaper than new combined-cycle natural gas plant builds on a $/MWh basis in Minnesota. With the PTC and investment tax credit (ITC), wind and solar technologies are the cheapest form of new electricity generation in the state.

Between 2018 and 2019, unsubsidized utility-scale wind and subsidized utility-scale solar both experienced a 2.5 percent decline in price.

CEEM has worked to pass policy called C-PACE to make financing for clean energy projects more accessible, thus increasing the amount of clean energy adoption statewide.

Renewables have accounted for 84 percent of all new electricity generation capacity added since 2010, totaling 3.4 gigawatts.


Energy Efficiency Leadership

Over the last decade Minnesota has boosted its energy productivity by 22 percent as power consumption is up 2 percent while state GDP is up 24 percent.

CEEM works with industry and nonprofit partners to strengthen Minnesota’s energy efficiency standards through policy work at the Capitol. Read more about the work done during the 2020 Legislative Session.

The American Council for an Energy-Efficient Economy (ACEEE) ranked Minnesota 8th out of all 50 states for its overall energy efficiency programs (the highest ranking in the Midwest).

CEEM collects and tracks regulatory trends and works with our members to deliver key information on the public benefits of the clean energy industry before regulatory bodies.

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"As the electricity sector continues to decarbonize, clean energy businesses are on the front lines adding value and creating jobs."

Gregg Mast
Executive Director, Clean Energy Economy MN

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Powering Minnesota’s Economy

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Major Minnesota-based corporations have increased their efforts to procure renewable energy. 3M Co., Cargill Inc., Ecolab Inc., Target Corp., and General Mills between them have now signed agreements to power their operations with either wind or solar energy from projects representing over 1 gigawatt of capacity.

Electric vehicle sales in Minnesota are accelerating as battery prices have fallen. From 2015 to 2019 annual sales of battery electric vehicles are up 8x to 2,600 units. Annual plug-in hybrid electric vehicle sales rose nearly 3x to 1,200 units. 

CEEM is working with a coalition to promote clean cars in MN. The Minnesota Pollution Control Agency is enacting the new rule, which will create more low-emission and zero emission vehicle choices for Minnesota consumers and help the state meet its goal of reducing greenhouse gas (GHG) emissions by 30 percent by 2025 and 80 percent by 2050



2020 Minnesota Energy Factsheet Highlights

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