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Southeast Energy Exchange Market Unveils New Energy Trading Market

The Southeast Energy Exchange Market (SEEM) opened up operation this week, allowing for first of their kind market transactions in power for the region. SEEM will cover 23 entities in 12 states, with more than 180,000 megawatts, including Associated Electric Cooperative, Seminole Electric Cooperative, Oglethorpe Power Corporation, and North Carolina Electric Membership...

MEMBERSHIP APPROVES CUSTOMER ARRANGEMENT WITH ELECTRIC COOPERATIVE

Cooperatives Great River Energy and Connexus Energy have entered into a new customer arrangement that will allow Connexus Energy to secure more of its own power supply resources with minimal impact on Great River Energy’s member-owned cooperatives.

Electric Cooperatives Help Lead Team to Find Supply Chain Solutions

A group of electric cooperative leaders is participating in a collaboration among utility industry experts to develop solutions to supply chain issues. The group will meet regularly to discuss solutions to current and future supply challenges.

Louisiana Cooperatives Form Power-Buying Coalition to Create Cost Savings

Five electric cooperatives in Louisiana have joined together to form 1803 Electric Cooperative to pool their power supply needs. By collectively negotiating for power supply, the cooperatives expect to provide a 10 to 15 percent rate decrease starting in 2025.

SMECO Begins Extensive Electric Vehicle Charging Network

Southern Maryland Electric Cooperative (SMECO) is creating an electric vehicle charging network that will grow to 60 stations over the next four years as the coop works to help Maryland achieve its ambitious goal of having 300,000 electric vehicles (EVs) on the road by 2025. The coop’s stations are at public locations that include regional parks, senior centers and libraries.

Colorado Coop’s Empower Program Helps Make Energy Efficiency Affordable

An electric cooperative in Colorado is bundling its energy-efficiency programs and many of its consumer services under a single brand and making them available to those working or living near its service territory. Specifically, San Isabel Electric Association’s Empower Program aims to identify qualified contractors and suppliers of proven products and helps find ways to finance...

Electric Coop Ranks With Top Innovative Businesses

BARC Electric Cooperative was named the seventh most innovative company in North America in 2021 by Fast Company, the media firm that ranks advancements across all sectors worldwide. Serving nearly 13,000 members in Virginia’s Shenandoah Valley region, Millboro-based BARC is the first electric coop bestowed the honor.

VEC and GMP Announce Broadband Deployment Program

Vermont Electric Co-op (VEC) and Green Mountain Power (GMP) each launched a Broadband Deployment Program to help rural Vermonters get connected to broadband quickly and cost-effectively. The plans approved Friday by the Vermont Public Utility Commission lower the cost for broadband providers to connect the hardest-to-serve customers by offering up to $2,000 per unserved location for...

SEEM Members Submit Filing for Proposed Advanced Bilateral Market Platform

The Southeast Energy Exchange Market (SEEM) members recently filed with the Federal Energy Regulatory Commission for the approval of an automated, intra-hour energy exchange that aims to lower costs to customers and optimize renewable energy resources. The new SEEM platform will facilitate sub-hourly, bilateral trading, allowing participants to buy and sell power close to the time the...

Roanoke Electric Cooperative to Pilot Cutting-Edge Vehicle-to-Grid Technology

Roanoke Electric Cooperative is working with Fermata Energy to pilot the first electric vehicle (EV) charging system equipment to meet the North American standard for two-way current. Roanoke Electric is seeking to unlock the value of vehicle-to-grid integration with a Nissan Leaf, one of the most widely sold and affordable EVs in the market.

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