Refurbished Montana Plant Goes Online
Posted on Sep 10, 2012 in Financing, Grid & Infrastructure, Project Development | Comments Off on Refurbished Montana Plant Goes Online
The city of Whitefish, Montana, once again has its own hydroelectric plant. Last year, city officials negotiated a deal with an electric cooperative that outlined power delivery terms for a 20-year period, in two separate phases. The 30-year-old plant, which was recently rebuilt, now has a refurbished generator, turbine and controls. Flathead Electric Cooperative paid the city...
USDA Meets Goal for Smart Grid Funding
Posted on Sep 10, 2012 in Financing, Grid & Infrastructure, Innovation/Efficiency, Project Development, Technology | Comments Off on USDA Meets Goal for Smart Grid Funding
Agriculture Secretary Tom Vilsack announced that the U.S. Department of Agriculture has reached its $250 million goal to finance smart grid technologies. The Secretary also said that nine rural electric cooperatives and utilities in 10 states will receive loan guarantees to make improvements to generation and transmission facilities and implement smart grid technologies. Click here to...
CFC Annual Report Shows High Performance Among Coops
Posted on Sep 10, 2012 in Economic Downturn, Energy Savings Programs, Grid & Infrastructure | Comments Off on CFC Annual Report Shows High Performance Among Coops
Electric coops performed well against a backdrop of challenging economic times in 2011, according to the G&T Key Performance Indicators (KPI) report by the National Rural Utilities Cooperative Finance Corporation (CFC). Energy sales and peak growth slowed in 2011, while wholesale rates continued to increase. The report shows that, over the last five years, the median G&T...
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.
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.
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...
Vermont Utility Merger May Lead to Higher Rates for Coop
Posted on Aug 21, 2012 in Grid & Infrastructure, Project Development, Rates | Comments Off on Vermont Utility Merger May Lead to Higher Rates for Coop
A merger between Central Vermont Public Service Corporation and Canadian-owned Green Mountain Power , Vermont’s two largest power companies, may cause retail rates to rise at one of Vermont’s smallest utilities, Washington Electric Cooperative (Washington Electric). The merger will produce a new, higher transmission charge, which Washington Electric estimates will be about...
Tennessee Coop Opens New Solar Farm
Posted on Aug 20, 2012 in Climate Change, Environmental, Grid & Infrastructure, Innovation/Efficiency, Renewable Energy, Technology | Comments Off on Tennessee Coop Opens New Solar Farm
Duck River Electric Membership Cooperative (DREMC), based in Shelbyville, Tennessee, is now the first electric coop in the seven state TVA service territory to offer members access to green power through a newly constructed solar farm. The DREMC Solar Farm, located in Shelbyville, allows its members to invest in solar energy without the cost of installing or maintaining their own...
Alaska Coop Breaks Ground on New Plant
Posted on Aug 20, 2012 in Financing, Grid & Infrastructure, Land Use, Project Development | Comments Off on Alaska Coop Breaks Ground on New Plant
Matanuska Electric Association (MEA), Alaska’s oldest and second-largest electric cooperative, recently broke ground on a new plant site. The dual-fuel generation plant will sit on a 70-acre site northeast of Anchorage at Eklutna. MEA has been a CFC 100-percent Independent Borrower since 1995. Construction of the plant is being supported by bridge financing from the National...
Iowa Nuclear Plant Will Dredge River for Water Access
Posted on Aug 10, 2012 in Environmental, Grid & Infrastructure, Land Use | Comments Off on Iowa Nuclear Plant Will Dredge River for Water Access
The Duane Arnold Energy Center, Iowa’s only nuclear power plant which is co-owned by Central Iowa Power Cooperative and Corn Belt Power Cooperative, plans to dredge a section of the drought-stricken Cedar River to ensure access to enough water to operate the plant. Click here for the full story.
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