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  By Amy Gillentine and John Hazlehurst For decades, the steam from the Martin Drake Power Plant has dominated the Colorado Springs skyline. It’s so much a part of the city’s landscape, it’s hard to imagine a time when vast clouds of steam wouldn’t envelop downtown. Those clouds are both literal and metaphorical, because the… Continue Reading Re-imagine Drake: Possibilities are endless — and also sprawling

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Neumann Systems Group has another plan to make coal-fired power plants more environmentally friendly. The company that has been battling to save the Martin Drake Power Plant and it’s coal-cleaning Neustream technology that’s used there, says its newest venture could amount to 250 high-tech jobs, $400 million in construction projects and $150 million in sales. Neumann… Continue Reading Neumann proposes rare-earth metals extraction business for downtown plant

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In the midst of a study about the future of coal-fired Drake Power Plant, Mayor Steve Bach’s goal of adding 6,000 jobs a year and ongoing chatter about how Colorado Springs Utilities is governed, no one is talking much about renewable energy. At least, no one seems to be talking much about it. Colorado ranks… Continue Reading Renewable energy could be part of Drake debate

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It’s been a tough week for Colorado Springs Utilities. Continue Reading Utilities faces new hurdles

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The Colorado Springs City Council has not yet set a date for a special meeting about the future of the Martin Drake Power Plant. Council President Pro Tem Jan Martin confirmed the fact, despite reports earlier that it was slated for 1 p.m. Sept. 26 in Council chambers. “I believe that’s Yom Kippur,” she said.… Continue Reading No date set for Council meeting about Drake, Neumann

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The Colorado Springs Chamber/EDC has become the latest group to weigh in on the issues of decommissioning the Martin Drake Power Plant and the governance and ownership of the Colorado Springs Utilities. “They’re just the latest,” said Councilor Tim Leigh, who also sits on the Utilities board. “The RLF (Regional Leadership Forum) is interested in… Continue Reading Chamber/EDC becomes latest group to weigh in on CSU, Drake

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Tom Hudson, a successful real estate investor in Colorado Springs during the 1980s, had a simple business philosophy. “You don’t make money when you sell,” he used to say, “but when you buy.” In 1924, Colorado Springs voters passed a $1.25 million bond issue to buy out the privately owned company providing electric service to… Continue Reading Window for moving away from Drake might be closed

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NeuStream: moving forward at Drake?

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It’s been a tough three months for David Neumann … Continue Reading NeuStream: moving forward at Drake?

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Colorado Springs Utilities has issued requests-for-proposal to 10 companies to research the technical issues surrounding the future of the Martin Drake power plant. That study alone could cost up to $500,0oo, according to Utilities officials. It’s all part of the issues surrounding removing Drake from the downtown landscape – and Utilities has a plan to… Continue Reading CSU will hire consultant to study Drake options

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Later this month the Colorado Springs Urban Renewal Authority will vote on a complex incentives package for a proposed data center in southeast Colorado Springs. If built, the project will include up to 10 buildings totaling 800,000 square feet. Aggregate private investment: nearly $1 billion. Projected power requirements: 100 megawatts. Political impact: The project depends… Continue Reading Keeping Drake could be essential to data center plans

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