Minnesota has been ambitious in meeting its renewable energy goals: the state already reached its current Renewable Electricity Standard of 25 percent by 2025, and is on track to reach our current Solar Electricity Standard of 1.5 percent by the end of 2020.
The Solar Potential Analysis Report, prepared by Clean Power Research for the MN Solar Pathways Initiative, includes several scenarios that model future renewable energy generation costs. The report finds that Minnesota could achieve 10 percent solar by 2025 at costs comparable to natural gas generation. Further, the report finds that expected cost decreases in solar, wind, and storage will enable Minnesota to achieve 70 percent solar and wind by 2050 at costs comparable to natural gas generation.
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