Settlement May Be Last Hurdle for Construction of Plant Washington
Posted on Apr 12, 2012 in Environmental, Permitting, Project Development | Comments Off on Settlement May Be Last Hurdle for Construction of Plant Washington
Power4Georgians, a consortium of four Georgia electric membership cooperatives, has reached settlement terms with environmental groups opposed to the development of one of its projects, Plant Washington (an 850-megawatt, coal-fired plant in Sandersville, Georgia). Once the opposition groups sign the settlement, Power4Georgians will have the final state permit for construction of Plant...
Nuclear Regulatory Commission Issues New Licenses for Nuclear Reactors
Posted on Apr 9, 2012 in Grid & Infrastructure, Project Development, Technology | Comments Off on Nuclear Regulatory Commission Issues New Licenses for Nuclear Reactors
The Nuclear Regulatory Commission has approved a license for two new nuclear reactors in South Carolina. The new licenses come less than two months after the NRC issued its first new permit in more than 30 years for two units at the Alvin W. Vogtle Nuclear Plant in eastern Georgia. Marvin Fertel, president and CEO of the Nuclear Energy Institute, predicts that there will be an...
National Rural Utilities Cooperative Finance Corporation Makes First Loan Sale to Bank
Posted on Apr 9, 2012 in Financing, Grid & Infrastructure, Project Development | Comments Off on National Rural Utilities Cooperative Finance Corporation Makes First Loan Sale to Bank
The National Rural Utilities Cooperative Finance Corporation (CFC) has finalized a $25 million loan sale to KeyBank National Association on behalf of KAMO Power, an Oklahoma-based cooperative. Although CFC has made more than $1 billion in loan sales to Farmer Mac over the past five years, this three-year, unsecured loan is the first loan sale made to a bank. KAMO plans to use the...
AECC Agrees to Long-Term Power Purchase Agreement for Wind Energy
Posted on Apr 6, 2012 in Project Development, Renewable Energy | Comments Off on AECC Agrees to Long-Term Power Purchase Agreement for Wind Energy
Arkansas Electric Cooperative Corporation issued a press release yesterday announcing its agreement to purchase 51 MW of wind energy from the Flat Ridge 2 South Wind Farm in Kansas. The project is in the construction phase and is part of a larger 419-MW facility financed by BP and Sempra U.S. Gas & Power. Read more here.
Potential Risks in Solar Interconnection Changes
Posted on Apr 3, 2012 in Climate Change, Environmental, Financing, Grid & Infrastructure, Innovation/Efficiency, Project Development, Regulation & Policy, Reliability, Renewable Energy | Comments Off on Potential Risks in Solar Interconnection Changes
In a filing before the Federal Energy Regulatory Commission (FERC), the National Rural Electric Cooperative Association recently identified significant reliability and safety risks that could be caused by the proposed revised procedures for interconnecting small solar generation with the grid. NRECA requested that FERC reject the Solar Energy Industries Association’s request for...
Impact of New GHG Rules on Planned Virginia Plant Uncertain
Posted on Mar 29, 2012 in Environmental, Project Development, Regulation & Policy | Comments Off on Impact of New GHG Rules on Planned Virginia Plant Uncertain
New rules proposed by the U.S. Environmental Protection Agency would limit greenhouse gas emissions for power plants that begin construction a year or more into the future. The effect of the new rules on Old Dominion Electric Cooperative’s plans for a new 1,500-MW, coal-fired power plant in Surry County, Virginia, remains uncertain. The Daily Press has the full story.
Study to Determine North Dakota Power Needs
Posted on Mar 20, 2012 in Financing, Grid & Infrastructure, Innovation/Efficiency, Land Use, Project Development | Comments Off on Study to Determine North Dakota Power Needs
The North Dakota Industrial Commission, Basin Electric Power Cooperative and Montana-Dakota Utilities Co. are among the largest contributors to a study on how to meet the electricity needs of the state’s booming oil industry. The study is expected to determine whether utilities should develop additional electric generation and will also address related issues such as transmission...
Lea County Coop Dedicates New Gas Plant
Posted on Mar 20, 2012 in Financing, Project Development | Comments Off on Lea County Coop Dedicates New Gas Plant
Lea County Electric Cooperative, Inc., which serves New Mexico and West Texas, recently saw its first wholly owned generation plan come online. Construction financing for the 47-MW, natural gas-fired plant was provided by the National Cooperative Services Corporation and consisted of a $55 million secured bridge line of credit and a $10.4 million secured letter of credit to support...
Coop Faces Questions about Savings Potential from Renewable Energy
Posted on Mar 12, 2012 in Environmental, Innovation/Efficiency, Project Development, Renewable Energy | Comments Off on Coop Faces Questions about Savings Potential from Renewable Energy
The Massachusetts-based Cape and Vineyard Electric Cooperative, which is a regional agency created to pursue renewable energy projects for towns in the state, is facing questions about a recent initiative to pursue solar energy. Members of municipal energy committees in some towns have expressed doubt that they are getting the best possible deal from CVEC. The Cape Cod Times has more...
Delaware Coop Makes Plans for Solar
Posted on Mar 8, 2012 in Project Development, Renewable Energy | Comments Off on Delaware Coop Makes Plans for Solar
The Delaware Electric Cooperative plans to build a 4 MW solar park capable of expanding to 8 MW of power generation. SunEdison has been tapped to develop the project, which will cost roughly $14 million with a projected completion date by early 2013. The project will help the coop satisfy Delaware’s renewable energy standards and create jobs. The Delaware Journal has the full...
Subscribe
