- Unusually low wind resources at ALLETE Clean Energy and warmer winter weather impacting Regulated Operations in 2023.
- Increased competition and lower forward price curves in the renewable energy market.
- Customer concentration risk due to reliance on a limited number of large industrial customers.
- Potential impacts of new environmental regulations and requirements.
- Implementation of Minnesota's new carbon-free energy legislation.
ALLETE, Inc.
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Renewable Energy
50% (Minnesota Power in 2023)
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 3.5M tCO2e (Minnesota Power Scope 1) |
| 2019 | 4.8M tCO2e (2021 projection) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reached goal of supplying 50% of Minnesota Power's energy from renewable sources in 2023.
- Closed or converted seven of nine coal-fired units since 2013, adding nearly 900 MW of renewable energy sources.
- Surpassed state's conservation goals each year for the past decade.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Minnesota Power: Expand renewable energy supply to 70% by 2030; achieve 80% reduction in carbon emissions by 2035 compared to 2005 levels; cease coal operations at Boswell Units 3 and 4 by 2030 and 2035, respectively.
🔭 Long-term
- Minnesota Power: Deliver 100% carbon-free energy to customers by 2050.
🌱 ESG Focus Areas
Climate ChangeCommunity InvestmentWorkforce DiversityRenewable Energy