FERC Rejects Basin Electric’s Proposal for Special Crypto Mining Rate Schedules
Posted on Aug 26, 2024 in Press Release | Comments Off on FERC Rejects Basin Electric’s Proposal for Special Crypto Mining Rate Schedules
The Federal Energy Regulatory Commission (FERC) rejected Basin Electric Power Cooperative’s proposal to create separate rate schedules for cryptocurrency operations, stating Basin failed to show that these operations posed more risk than other large energy loads. Basin argued that crypto mining could lead to stranded assets due to its transient nature, but FERC found insufficient...
Arkansas Electric Cooperative Corporation to Build 900-Megawatt Natural Gas Plant in Texas
Posted on Aug 16, 2024 in Press Release | Comments Off on Arkansas Electric Cooperative Corporation to Build 900-Megawatt Natural Gas Plant in Texas
Arkansas Electric Cooperative Corporation (AECC) plans to build a 900-megawatt natural gas generation facility in Morris County, Texas, beginning construction in 2026 and aiming for commercial operation by 2029. The facility will enhance reliability within the Southwest Power Pool regional transmission organization, providing efficient, low-emission energy to AECC’s 17...
NRECA Challenges EPA’s New Coal Ash Rule
Posted on Aug 8, 2024 in Litigation, Press Release | Comments Off on NRECA Challenges EPA’s New Coal Ash Rule
The National Rural Electric Cooperative Association (NRECA) has filed a lawsuit with other utility groups challenging the EPA’s new rule on coal ash impoundments, arguing it imposes undue costs and could harm grid reliability. The rule, which expands regulations to include inactive sites and other previously unregulated areas, is criticized for being overly broad and potentially...
Oglethorpe Power Announces New Generation Projects to Support Georgia’s Rising Electricity Demands
Posted on Jul 31, 2024 in Press Release | Comments Off on Oglethorpe Power Announces New Generation Projects to Support Georgia’s Rising Electricity Demands
Oglethorpe Power has approved the construction of two natural gas projects in Georgia: a state-of-the-art combined-cycle plant in Monroe County and a highly efficient combustion turbine unit in Talbot County. These two projects will help meet the growing energy demands of the electric cooperatives that Oglethorpe serves while prioritizing affordable and sustainable energy.
Electric Cooperative Tri-State Generation Acquires Solar Projects
Posted on Jun 6, 2024 in Press Release | Comments Off on Electric Cooperative Tri-State Generation Acquires Solar Projects
The Colorado-based electric cooperative Tri-State Generation and Transmission Association has made its first purchases of renewable energy projects, acquiring the 145-MW Axial Basin Solar project and the 110-MW Dolores Canyon Solar installation. These acquisitions, along with other solar power agreements, aim to help Tri-State achieve 50% renewable energy use by its members by late...
Colorado Electric Cooperative Nears 90% Clean Energy Target with New Projects
Posted on Apr 18, 2024 in Press Release | Comments Off on Colorado Electric Cooperative Nears 90% Clean Energy Target with New Projects
Holy Cross Energy (HCE), a Colorado electric cooperative, is progressing toward its goal of achieving over 90% clean energy by 2025 and ultimately reaching 100% clean energy by 2030. Recent additions, like the Bronco Plains II Energy Center wind facility and Hunter Solar project, are bringing HCE closer to these targets, with expected cost savings of over $40 million for members over...
U.S. Department of Energy Commits $1.5 Billion to Restart Nuclear Power Plant in Michigan
Posted on Mar 28, 2024 in Press Release | Comments Off on U.S. Department of Energy Commits $1.5 Billion to Restart Nuclear Power Plant in Michigan
The U.S. Department of Energy has announced a $1.5 billion “conditional commitment” to support the reopening of the Palisades nuclear power plant near South Haven, Michigan, after it shut down in May 2022. The loan will be provided to owner Holtec to restart the plant, which would be the first time a closed nuclear reactor is brought back online in U.S. history. The project...
South Central Power Ventures into Internet Business to Bridge Rural Connectivity Gap
Posted on Mar 14, 2024 in Press Release | Comments Off on South Central Power Ventures into Internet Business to Bridge Rural Connectivity Gap
South Central Power, an electric cooperative, is using a $100 million state grant to launch connectSCP, aiming to provide internet to underserved areas across 24 counties in southern, central, and eastern Ohio. This initiative, starting with 2,500 homes in areas like New Market and Somerton, aligns with South Central’s history of community service dating back to the 1930s. The...
San Miguel Power Association Assessing Microgrids to Increase Resilience
Posted on Feb 22, 2024 in Press Release, Reliability | Comments Off on San Miguel Power Association Assessing Microgrids to Increase Resilience
San Miguel Power Association (SMPA) is developing community-scale microgrids for remote Colorado towns in the San Juan Mountains, aiming to enhance resilience against blizzards and avalanches. Last winter, Silverton faced a severe “snowpocalypse” leaving residents without electricity until SMPA lineworkers managed a quick restoration, prompting the co-op to pursue...
John C. Lee Jr. Appointed as President and CEO of Old Dominion Electric Cooperative
Posted on Feb 15, 2024 in Press Release, Trends | Comments Off on John C. Lee Jr. Appointed as President and CEO of Old Dominion Electric Cooperative
John C. Lee Jr. has been appointed as the new president and CEO of Old Dominion Electric Cooperative (ODEC) following a nationwide search. Lee, who had been serving as ODEC’s interim president and CEO since September 2023, previously held CEO positions at Mecklenburg Electric Cooperative and EMPOWER Broadband. ODEC’s board of directors expressed confidence in Lee’s...
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