NorthWestern Energy has announced an agreement to acquire Puget Sound Energy’s share of the Colstrip power plant, increasing its investment and giving the utility a majority stake in the coal-fired generating station.
The power plants are located close to a park and residential areas in Colstrip. Residents in the town express their support for Northwestern owning 55 percent of the power plants, citing the positive impact on the community.
Residents like Adam Price appreciate the cleanliness and maintenance of Colstrip, partially attributed to the plant’s contributions. They feel comfortable with the air quality and the presence of the plant.
Peggy Corbitt, another resident, highlights the importance of NorthWestern Energy owning the majority of the plant and its contribution to the tax base in the state.
While some see economic benefits for Colstrip and Montana, others have concerns about the costs associated with maintaining the aging technology at the plant.
Edward Barta, president of Northern Plains Resource Council, emphasizes the need to transition away from coal reliance due to the increasing costs of maintaining the plant.
Colstrip Mayor John Williams praises the efficiency and environmental responsibility of the plant, noting its role in supporting the local economy and providing jobs for residents.
Williams, who worked at the plants for over 25 years, highlights the significant employment impact of the coal mine and power plant on the town.
John Hines, NorthWestern Energy vice-president of supply, expresses the utility’s enhanced influence on investment decisions in Colstrip with the majority ownership.