Three Nuclear Plants Are Safe But Receive Additional NRC Oversight
Posted on Apr 1, 2011 in Regulation & Policy | Comments Off on Three Nuclear Plants Are Safe But Receive Additional NRC Oversight
Nuclear power plants in Kansas, Nebraska and South Carolina will see more of the Nuclear Regulatory Commission (NRC) after a safety review revealed that while operating safely, the plants require additional oversight. The NRC may determine additional oversight is needed where previously identified safety issues have not been timely addressed or where issues of higher significance may...
NRECA Among Several Cooperative Entities to Participate In House Briefing
Posted on Mar 28, 2011 in Legislative & Politics, Regulation & Policy | Comments Off on NRECA Among Several Cooperative Entities to Participate In House Briefing
The National Rural Electric Cooperative Association (NRECA), National Cooperative Business Association and other cooperative bodies will participate in a House briefing on “The Role of Cooperatives in Rural and Urban Communities” on March 29, 2011. The Washington, D.C., event provides a forum for participants to raise and discuss the unique challenges facing cooperatives...
Southern Nuclear Projects Largely Unaffected By the Japan Nuclear Crisis
Posted on Mar 23, 2011 in Innovation/Efficiency, Project Development, Regulation & Policy | Comments Off on Southern Nuclear Projects Largely Unaffected By the Japan Nuclear Crisis
Santee Cooper and Oglethorpe Power Corporation are among the coops to move forward with plans for nuclear facilities despite the Japanese nuclear crisis. Santee Cooper currently holds a 33.3 percent ownership interest in the existing 900-MW nuclear unit at Summer, as well as a 45 percent stake in the planned two-unit expansion of the facility. As reported by the Coop Law Blog...
Thirteen Coops Rewarded IRS CREBs
Posted on Mar 22, 2011 in Regulation & Policy, Tax | Comments Off on Thirteen Coops Rewarded IRS CREBs
The Internal Revenue Service has announced the allocation of $190,795,445 in bonding authority for 13 electric cooperative projects under the New Clean Renewable Energy Bonds (CREB) program. The CREB program, which was created by the Energy Policy Act of 2005, was implemented to allow coops to better integrate renewable energy by addressing their inability, as not-for-profit entities,...
Former Director Of Georgia Coop Now Serving in State General Assembly
Posted on Mar 4, 2011 in Legislative & Politics, Regulation & Policy | Comments Off on Former Director Of Georgia Coop Now Serving in State General Assembly
Robert Dickey III, a former director of Flint Energies, was sworn in today after winning a special election. With his background in the coop industry, he will be a valuable addition to the energy and telecommunications committee. Electric Co-op Today has the full story.
Montana Senate Votes to Block City From Converting Its Utility to a Cooperative
Posted on Feb 22, 2011 in Legislative & Politics, Regulation & Policy | Comments Off on Montana Senate Votes to Block City From Converting Its Utility to a Cooperative
Electric City Power, the electric utility serving the City of Great Falls, Montana, has been operating at a loss, and the city is looking for a way to get out of the electricity business. The city is considering a solution that involves converting Electric City Power to a cooperative, but if the bill passed by the Montana Senate becomes law, the city will have to consider other...
Coop’s Fuel & Compliance Manager Speaks to House Subcommittee on Coal Combustion Residue Regulation
Posted on Feb 18, 2011 in Legislative & Politics, Regulation & Policy | Comments Off on Coop’s Fuel & Compliance Manager Speaks to House Subcommittee on Coal Combustion Residue Regulation
Leonard Hopkins of Southern Illinois Power Cooperative spoke to a House subcommittee regarding the beneficial uses that the coop has found for its coal combustion byproducts. Mr. Hopkins is concerned that labeling coal combustion residue as hazardous will undermine the coop’s practice of recycling the residue for use in products like cement and fertilizer blends. The NRECA has a...
Iowa Nuclear Plant That Provides Power for Cooperatives Has License Extended for 20 More Years
Posted on Feb 4, 2011 in Permitting, Regulation & Policy | Comments Off on Iowa Nuclear Plant That Provides Power for Cooperatives Has License Extended for 20 More Years
The nuclear plant provided 34 percent of Central Iowa Electric Cooperative’s baseload power in 2009, and now it can continue to do so through 2034. The application for the extension was over 2000 pages and contained information on the inspections, testing, and retrofitting that will become necessary as the plant ages. Full story reported by Electric Co-op Today.
Pedernales Bylaw Change Threatens to Disqualify Board Member From Serving
Posted on Jan 24, 2011 in Corporate Governance, Litigation, Regulation & Policy | Comments Off on Pedernales Bylaw Change Threatens to Disqualify Board Member From Serving
The Statesman reports on the fall-out from a recent bylaw change by Pedernales Electric Cooperative. The new bylaw prevents directors from serving on the board if they have worked for a wholesale power company within the past three years.
East Kentucky Power Cooperative Gets $43 Million Rate Increase
Posted on Jan 19, 2011 in Litigation, Rates, Regulation & Policy | Comments Off on East Kentucky Power Cooperative Gets $43 Million Rate Increase
Kentucky’s Public Service Commission has agreed to a $43 million rate increase for East Kentucky Power Cooperative. CNHI News Service notes that East Kentucky recently settled a lawsuit with environmental groups, in which it agreed to drop plans for a new coal-fired plant at its Winchester facilities.
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