Cliffs once again buying electricity from Presque Isle Power Plant
DAFTER — One of the elements of the recent deal to head off huge electric rate increases across the U.P. is now in place.
The Cloverland Electric Co-Op, out of the eastern U.P., says Cliffs Natural Resources is once again buying power for the Empire and Tilden Mines from Marquette’s Presque Isle Power Plant.
Post by ABC10 & CW5 UP.
WE Energies still owns the plant for now, but under a series of agreements announced in January, UPPCO will buy the plant within the next several months.
Cliffs agreed to buy a majority of the power for the mines from UPPCO until the Presque Isle plant closes. That’s currently expected to happen in 2020.