Coops Assist in Hurricane Isaac Restoration Efforts
Posted on Aug 31, 2012 in Grid & Infrastructure | Comments Off on Coops Assist in Hurricane Isaac Restoration Efforts
Coops from across the Southeast have sent repair crews to areas affected by Hurricane Isaac. A wide variety of coops, both those directly affected by the storm and otherwise, are lending a hand to help restore power to more than 1 million people, including 200,000 coop members, who lost power as a result of the storm. Electric Co-op Today has the full story.
Permitting Issue for Coal Plant Headed to Kansas Supreme Court
Posted on Aug 31, 2012 in Environmental, Permitting, Project Development | Comments Off on Permitting Issue for Coal Plant Headed to Kansas Supreme Court
A plan by Sunflower Electric Power Corporation to build a 895-MW, coal-fired plant near Holcomb, Kansas, faces continuing opposition from the Sierra Club over environmental permitting issues. The coop and Tri-State Generation and Transmission Association, Inc., which plans to buy a significant amount of energy from the plant, are hopeful that the permitting issues can be resolved. ...
Coop to Fund Energy Optimization Plan Through Retirement of Capital Credits
Posted on Aug 31, 2012 in Energy Savings Programs | Comments Off on Coop to Fund Energy Optimization Plan Through Retirement of Capital Credits
In a recent order issued by the Michigan Public Service Commission, Cherryland Electric Cooperative received approval for its energy optimization plan. According to its July 30, 2012, application, the coop plans to retire some of each participating member’s capital credits to fund the energy optimization efforts. See the order for more on the coop’s program and funding...
LCRA Withdraws Request for Temporary Injunction
Posted on Aug 30, 2012 in Litigation | Comments Off on LCRA Withdraws Request for Temporary Injunction
The Lower Colorado River Authority (LCRA) has withdrawn its request for a temporary injunction that would have prevented Central Texas Electric Cooperative (CTEC) from terminating an exclusive power agreement precluding CTEC’s purchase of power in the open market. CTEC plans to purchase less expensive power beginning September 13. The full story can be found here.
Prairie State Customers Paying More than Planned
Posted on Aug 30, 2012 in Rates | Comments Off on Prairie State Customers Paying More than Planned
Customers receiving energy from the Prairie State Energy Campus in Washington County, Illinois, are being charged 40 to 100 percent more for energy than originally planned. Approximately 95 percent of the 1,600-MW coal-fired plant is owned by 217 municipalities and 17 electric membership cooperatives in Illinois, Indiana, Kentucky, Michigan, Missouri, Ohio, Virginia and West...
Proposed CFTC Order to Exempt Coops from Regulations
Posted on Aug 30, 2012 in Regulation & Policy | Comments Off on Proposed CFTC Order to Exempt Coops from Regulations
The Commodity Futures Trading Commission (CFTC) has proposed an order that would exempt certain electricity transactions involving electric cooperatives from most Commodity Exchange Act regulations. The order would exempt transactions between and among coops and government-owned electric utilities, including state and municipal utilities and the federal power marketing...
Michigan Coop to be Member-Regulated
Posted on Aug 29, 2012 in Corporate Governance, Financing | Comments Off on Michigan Coop to be Member-Regulated
The Michigan Public Service Commission has approved the transition of Presque Isle Electric & Gas Co-op (Presque Isle) to member-regulation in accordance with a resolution adopted by Presque Isle’s board. This transition was approved once Presque Isle met all prerequisites required for exercising authority over its rates, charges, accounting standards, billing practices, and terms...
Georgia Coops to Help Restore Power after Hurricane
Posted on Aug 29, 2012 in Grid & Infrastructure, Reliability | Comments Off on Georgia Coops to Help Restore Power after Hurricane
Georgia coops are swooping in to assist the Gulf Coast’s power restoration efforts in the aftermath of Hurricane Isaac. Experienced power crews from eight electric coops are being sent to parts of Mississippi and possibly Louisiana to help restore power in the areas hardest hit. Read more here.
NERC Audit Draws Concern
Posted on Aug 29, 2012 in Regulation & Policy, Reliability | Comments Off on NERC Audit Draws Concern
The Federal Energy Regulatory Commission (FERC) has approved a staff audit of the expenses of its certified electric reliability organization, the North American Electric Reliability Corporation (NERC). The coop community has expressed concerns that this oversight by FERC will hamper NERC’s ability to do its job. Click here for more.
Coop Group Announces Construction of Gas-Fired Plant
Posted on Aug 28, 2012 in Grid & Infrastructure, Project Development, Reliability | Comments Off on Coop Group Announces Construction of Gas-Fired Plant
The Mid-Kansas Electric Company (Mid-Kansas), an entity comprised of five coops and one subsidiary, plans to construct a new 110-MW, gas-fired generating facility near Ulysses, Kansas. The plant will cost approximately $130 million and is estimated to be in commercial operation by April 2014. Mid-Kansas will use the facility to benefit from the future Southwest Power Pool Day 2...
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