
|
Revenue in millions |
2009 |
2008 |
% change |
|
Synthetic gas |
$ 264.7 |
$ 317.7 |
(16.7) |
|
Byproducts, coproducts and other |
154.5 |
249.1 |
(38.0) |
|
Interest and miscellaneous |
6.9 |
19.7 |
(65.0) |
|
Total |
$ 426.1 |
$ 586.5 |
(27.3) |
|
Synthetic gas sold (dekatherms) |
51.7 |
45.0 |
14.9 |
|
Coal consumed (tons) |
6.0 |
5.9 |
1.7 |
| Pollution control costs |
|
Dakota Gasification Company pollution control capital costs and operating expenses in 2009:
|
In 2009, Dakota Gas paid an estimated $7.1 million in revenue sharing to the U.S. Department of Energy (DOE) as part of an asset purchase agreement signed in 1988. The total amount paid to DOE as of Dec. 31, 2009 is approximately $388.8 million since the sale of the plant to Basin Electric. The U.S. government has now recovered more than $1.2 billion of its investment through revenue sharing and foregone production tax credits of $754 million and the initial purchase price of the Synfuels Plant by Basin Electric.
Dakota Gas' cost of production is tied to the fluctuations in the price of natural gas. Expanding coproduct revenue from zero in the early years to almost 40 percent of current revenue stream has helped that imbalance. After formally researching many other options, Dakota Gas concluded that it would continue to focus on cost management and revenue enhancement from existing plant capacity. Other strategies include:
2009 Annual Report
The report is published by Dakota Gas' parent company, Basin Electric Power Cooperative, and contains information about Basin Electric, Dakota Gas and seven other subsidiaries.
2010 Quarterly Reports
We are pleased to offer the Basin Electric 2010 quarterly financial reports as they become available.
