U.S. Forest Service Seeking $38 Million Reimbursement from Coop for Wildfire
Posted on Nov 8, 2013 in Grid & Infrastructure, Land Use, Litigation | Comments Off on U.S. Forest Service Seeking $38 Million Reimbursement from Coop for Wildfire
The U.S. Forest Service has sent a $38 million bill to Jemez Mountains Electric Cooperative in connection with the agency’s firefighting and remediation efforts involving the 2011 Las Conchas Fire. This move comes even as the Forest Service has been named in a related lawsuit for its role in vegetation management along the power lines where the fire began. The Santa Fe New Mexican is...
Basin Electric Signs PPAs for Wind Generation
Posted on Nov 7, 2013 in Environmental, Project Development, Renewable Energy | Comments Off on Basin Electric Signs PPAs for Wind Generation
Basin Electric Power Cooperative (Basin Electric) has agreed to purchase power from two wind projects currently being developed in North Dakota, which will provide a combined capacity of 278 MW. Their addition will bring Basin Electric’s generation portfolio to more than 1,000 MW. The new facilities are scheduled to be operational by the end of 2015. For more information about the...
Sutherland Webcast: NIST’s Preliminary Cybersecurity Framework – Impact on Energy Companies
Posted on Nov 6, 2013 in Grid & Infrastructure, Legislative & Politics, Regulation & Policy, Reliability | Comments Off on Sutherland Webcast: NIST’s Preliminary Cybersecurity Framework – Impact on Energy Companies
Cybersecurity and the protection of critical infrastructure are major concerns for the energy industry. New government regulations and guidance are in the works under the President’s Cybersecurity Executive Order, including the National Institute of Standards and Technology’s (NIST) Cybersecurity Framework. NIST released its Preliminary Framework on October 22. Join Sutherland...
eBay the Cooperative Way
Posted on Nov 5, 2013 in Innovation/Efficiency | Comments Off on eBay the Cooperative Way
Basin Electric Power Cooperative has launched Surplus MarketPlace, an eBay-like website, to sell its surplus materials, such as office furniture, vehicles, and plant equipment. Learn more by clicking here.
New Mexico Coops Face Additional Claims in Wildfire Suit
Posted on Nov 5, 2013 in Litigation, Permitting, Reliability | Comments Off on New Mexico Coops Face Additional Claims in Wildfire Suit
As last reported by the Sutherland Coop Team on September 19, 2012, Jemez Mountains Electric Cooperative (JMEC) and Tri-State Generation and Transmission Association are among the entities facing claims that a 2011 wildfire caused millions of dollars in damages. Claimants argue that the fire started because a power line was downed by a tree that JMEC should have cleared. To learn...
NCSC Funds Two Solar Projects for Hawaii Coop
Posted on Nov 4, 2013 in Climate Change, Environmental, Financing, Project Development, Renewable Energy | Comments Off on NCSC Funds Two Solar Projects for Hawaii Coop
Kaua‘i Island Utility Cooperative (KIUC) will break ground this week on one of two planned solar photovoltaic (PV) power plants on the island of Kaua‘i, Hawaii. The National Cooperative Services Corporation (NCSC) has advanced initial funding for the estimated $40 million project, which will be the largest utility-scale solar facility in Hawaii and will meet an estimated 5 percent of...
Pedernales to Distribute Nearly $13 Million in Capital Credits
Posted on Nov 4, 2013 in Corporate Governance, Patronage Capital | Comments Off on Pedernales to Distribute Nearly $13 Million in Capital Credits
The Pedernales Electric Cooperative (PEC) Board of Directors recently approved a capital credits distribution of more than $12.7 million to current and former PEC members after the Board reviewed the coop’s fiscal health and determined the distribution would not have any adverse impact on PEC. The distribution of capital credits, which reflect member ownership in PEC, will vary from...
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