Value of an asset: Basin Electric subsidiary Dakota Gasification Company

Dakota Gas

The nature of the business surrounding Dakota Gasification Company’s Great Plains Synfuels Plant is based on commodity prices. The price of oil and natural gas, the prices that crops are selling for, the price of fertilizer and, though less so, the price of other products like carbon dioxide.

When commodity prices were higher, profits meant Basin Electric was able to return a lot of money to its members. The Great Plains Synfuels Plant has served as a $1.4 billion benefit to its members since 1988, and continues to provide benefits.

However, the most recent 10-year financial forecast shows losses every year.

To learn more about why it makes sense for Basin Electric to continue to operate Dakota Gas, read the story that was published in the Nov-Dec 2017 issue of Basin Today magazine: Value of an asset: Why Basin Electric will continue to operate Dakota Gasification Company

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: