Pedernales to Distribute Capital Credits
Posted on Oct 18, 2011 in Corporate Governance, Patronage Capital | Comments Off on Pedernales to Distribute Capital Credits
Pedernales Electric Cooperative will divvy out roughly $13.5 million in capital credits to current and former members. The distribution stems from Pedernales’ Capital Credits Policy implemented in April 2011 and is comparable to a quarter of Pedernales’ 2010 net margin. The Highlander has more.
Argan Awarded Texas Biomass Plant
Posted on Oct 18, 2011 in Project Development, Renewable Energy | Comments Off on Argan Awarded Texas Biomass Plant
Gemma Power Systems, a subsidiary of Argan Inc. has been appointed to build a $165 million biomass plant near Woodville, Texas. East Texas Electric Cooperative awarded the contract, which still requires certain regulatory approvals. The parties anticipate a project completion date in December 2014. The Washington Business Journal has the full story.
New York Legislation Opens New Service Areas to Coops
Posted on Oct 14, 2011 in Legislative & Politics, Regulation & Policy | Comments Off on New York Legislation Opens New Service Areas to Coops
Under the new law, the definition of “rural” has been changed to cover towns with up to 20,000 residents. Prior to this change, the limit in New York was 1,000 residents. Electric Co-op Today has the full story.
USDA Announces Plan to Fund Improvements to Distribution and Smart Grid Technologies
Posted on Oct 14, 2011 in Financing, Innovation/Efficiency | Comments Off on USDA Announces Plan to Fund Improvements to Distribution and Smart Grid Technologies
Tom Vilsack, the Secretary of Agriculture, announced plans to fund projects across 27 states. Coops on track to receive funding for their projects include Tri-State Generation and Transmission Association, Inc., Northern Virginia Electric Cooperative, Amicalola Electric Membership Corporation and Gunnison County Electric Association. For more on this story, see the USDA’s news...
Proposed Legislation Would Exempt Coops from EPA Rules Applicable to Stationary Engines
Posted on Oct 14, 2011 in Environmental, Regulation & Policy | Comments Off on Proposed Legislation Would Exempt Coops from EPA Rules Applicable to Stationary Engines
U.S. Rep. Bob Latta recently introduced H.R. 3185 to provide exemptions for coops and municipal utilities from two rules referred to as the National Emissions Standards for Hazardous Air Pollutants for Reciprocating Internal Combustion Engines. Without congressional action, the rules will require additional emission control technologies starting in 2013. See Rep. Latta’s press...
NRECA Fights New EPA Air Rule
Posted on Oct 13, 2011 in Environmental, Litigation, Regulation & Policy | Comments Off on NRECA Fights New EPA Air Rule
The National Rural Electric Cooperative Association (NRECA) has filed petitions in the U.S. Circuit Court of Appeals for the District of Columbia and with the Environmental Protection Agency (EPA) directly seeking review of the EPA’s Cross-State Air Pollution Rule (CSAPR) scheduled to go into effect January 1, 2012. NRECA raised concerns that the new rule would increase electricity...
Oregon Coop and Winery To Promote Solar Development
Posted on Oct 13, 2011 in Land Use, Project Development, Renewable Energy | Comments Off on Oregon Coop and Winery To Promote Solar Development
A new solar farm located at the King Estate winery outside of Eugene, Oregon should be online in the next few months. The project will generate almost 1 MW of electricity that will be sold to Lane Electric Coop and will promote sustainable development for the organic vineyard while helping Lane Electric comply with state Renewable Portfolio Standard (RPS) requirements. Read the full...
Oklahoma Wind Farm Begins Construction
Posted on Oct 13, 2011 in Project Development, Renewable Energy | Comments Off on Oklahoma Wind Farm Begins Construction
Enel Green Power North America Inc. and TradeWind Energy have begun construction on a 150 MW wind farm in Oklahoma in Kiowa and Washita counties. Western Farmers Electric Cooperative will purchase the power generated by the wind farm. Please visit The Oklahoman for more details.
Attorneys Plan to Sue Coop Over Las Conchas Fire Damage
Posted on Oct 10, 2011 in Environmental, Grid & Infrastructure, Litigation | Comments Off on Attorneys Plan to Sue Coop Over Las Conchas Fire Damage
Two attorneys are joining together to file a lawsuit against Jemez Mountains Electric Cooperative, whose power lines sparked a fire after a tree fell on them. The Las Conchas fire was the largest fire in New Mexico’s history, charring more than 156,000 acres of land and damaging dozens of homes. The fire started when high winds caused a tree, which was located on private property...
Russian Gas Producer Making Gains in U.S. Coop Market
Posted on Oct 10, 2011 in Uncategorized | Comments Off on Russian Gas Producer Making Gains in U.S. Coop Market
Gazprom, a Russian gas producer, and Associated Electric Cooperative have entered into a long-term contract, which provides that Gazprom will supply natural gas to Associated Electric Cooperative’s St. Francis power plant in Missouri. The plant consumes as much as 86 million cubic feet of natural gas per day, and the contract will run through August 2034. The Russian...
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