Pennsylvania Coop to Use $40 Million in Loans for Grid Upgrades
Posted on Jul 31, 2012 in Financing, Grid & Infrastructure, Project Development, Regulation & Policy, Reliability | Comments Off on Pennsylvania Coop to Use $40 Million in Loans for Grid Upgrades
The Adams Electric Cooperative, which serves counties in southeastern Pennsylvania, plans to use $40 million in low-interest loans recently awarded from the federal government to build and improve 200 miles of distribution line and to upgrade several substations. A portion of the money will also go to smart grid projects, such as the installation of automated switches that will allow...
New Mexico Coop to Add 18 MW of Wind Power This Year
Posted on Jul 27, 2012 in Project Development, Renewable Energy | Comments Off on New Mexico Coop to Add 18 MW of Wind Power This Year
Farmers’ Electric Cooperative recently announced that it plans to buy the output from Broadview Energy’s wind project in Curry County, New Mexico. The coop plans to make the necessary filing with the New Mexico Public Regulation Commission by month’s end. The 18 MW of wind power is part of Broadview Energy’s plan to build projects to supply as much as 500 MW of wind power in eastern...
Indiana Coop Continues Presence in Biomass Arena
Posted on Jul 26, 2012 in Project Development, Renewable Energy | Comments Off on Indiana Coop Continues Presence in Biomass Arena
Indianapolis-based Wabash Valley Power Association has eight landfill gas plant sites in Indiana and is looking to expand project development into neighboring states. Wabash generates roughly 44 MW of energy, which is the result of a $52 million investment in Wabash’s landfill gas-to-energy program. Click here for more.
Georgia Coops No Longer Investing in Plant Washington
Posted on Jul 17, 2012 in Financing, Project Development | Comments Off on Georgia Coops No Longer Investing in Plant Washington
Power4Georgians has announced that Colorado-based private investment group Taylor Energy Fund LLC has assumed the cost of bringing a new coal-fired power plant, Plant Washington, to construction, relieving 10 Georgia coops of that obligation. The 850-megawatt plant is estimated to cost $2.1 billion and would be the first coal-fired plant built in Georgia in more than a quarter...
Rural Coops Positioned for Loan Guarantees
Posted on Jul 12, 2012 in Financing, Innovation/Efficiency, Project Development, Technology | Comments Off on Rural Coops Positioned for Loan Guarantees
Coops in 15 states will receive loan guarantees from the U.S. Department of Agriculture’s Rural Development program. The funds will help coops improve generation and transmission facilities and implement smart grid technologies. This batch of funding provides more than $10 million in smart grid technologies and is part of a larger USDA Rural Development funding goal of approximately...
Western Farmers Electric Coop and Other Oklahoma Utilities Seek Regional Marketplace
Posted on Jul 12, 2012 in Innovation/Efficiency, Project Development, Regulation & Policy, Technology | Comments Off on Western Farmers Electric Coop and Other Oklahoma Utilities Seek Regional Marketplace
Western Farmers Electric Cooperative and other Oklahoma utilities are working to create a regional marketplace to buy additional power. Southwest Power Pool, a regional transmission organization, would be responsible for getting more power, at the best price, under the program. A Southwest Power Pool representative explained the move as akin to a “carpool system.” NewsOK has more...
Oklahoma Coop Puts 18-Mile Transmission Line and Substation into Service
Posted on Jul 12, 2012 in Grid & Infrastructure, Innovation/Efficiency, Project Development | Comments Off on Oklahoma Coop Puts 18-Mile Transmission Line and Substation into Service
Western Farmers Electric Cooperative, an Oklahoma coop, in conjunction with ITC Great Plains LLC, has energized its Hugo-Valliant high-voltage electric transmission line and substation. The 18-mile, 345,000-volt line and 345 kV/138 kV substation are located in southeastern Oklahoma. The Sacramento Bee has additional details.
More Wind Power for Oklahoma Coop
Posted on Jul 5, 2012 in Project Development, Regulation & Policy, Renewable Energy | Comments Off on More Wind Power for Oklahoma Coop
The Rocky Ridge wind farm located in Kiowa and Washita counties is operational, producing up to 150 MW of electricity being purchased by Western Farmers Electric Cooperative. The Oklahoma wind farm increased Western Farmers’ wind portfolio to approximately 16 percent of its entire combined generating and purchased power capacity. NewsOK has the full story.
CFC Funds Hydropower Plant 100 Years in the Making
Posted on Jul 5, 2012 in Environmental, Financing, Grid & Infrastructure, Project Development, Renewable Energy | Comments Off on CFC Funds Hydropower Plant 100 Years in the Making
Delta-Montrose Electric Association, based in Colorado, has broken ground on a hydropower plant whose plans date back to a visit from President William Taft in 1909. The $22 million in CREB financing will help pay for interest expenses for the plant. Natural Rural Utilities Cooperative Finance Corporation (CFC) applied for the CREBs on Delta-Montrose’s behalf in 2009. The CFC...
North Dakota Coop to Open Natural Gas Plant
Posted on Jun 18, 2012 in Grid & Infrastructure, Innovation/Efficiency, Project Development, Technology | Comments Off on North Dakota Coop to Open Natural Gas Plant
Basin Electric Power Cooperative, based in Bismarck, North Dakota, recently started work on a natural gas-fueled plant being built about 15 miles northwest of Williston. Project manager Myron Steckler says the new plant will be capable of generating 45 megawatts of power. The coop hopes to have the new facility operating by early 2013. Bloomberg BusinessWeek has the full...
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