Colorado Coop Positioned to Obtain More Wind Power
Posted on Apr 18, 2013 in Project Development, Renewable Energy | Comments Off on Colorado Coop Positioned to Obtain More Wind Power
The 67-MW Colorado Highlands Wind project will provide 24 MW of additional generation output this July. Tri-State Generation and Transmission Association (Tri-State) will purchase the expanded generation output pursuant to its 20-year power purchase agreement. Tri-State already purchases the full 67-MW output from this wind facility. Click here for more information.
President’s 2014 Budget Includes Restrictions on Amounts and Use of RUS Loans
Posted on Apr 12, 2013 in Financing, Legislative & Politics, Regulation & Policy, Renewable Energy | Comments Off on President’s 2014 Budget Includes Restrictions on Amounts and Use of RUS Loans
Under the proposed 2014 federal budget, the lending authority of the Rural Utilities Service (RUS) would be decreased from $6.5 billion to $4 billion, which RUS projects will be sufficient to meet the demand from borrowers. Of this new amount, $3 billion will be earmarked for generation with carbon sequestration and renewable energy, including peaking plants to complement intermittent...
Wind Projects Cause Instability in Vermont Grid
Posted on Apr 9, 2013 in Grid & Infrastructure, Project Development, Renewable Energy, Technology | Comments Off on Wind Projects Cause Instability in Vermont Grid
The CEO of Vermont Electric Cooperative (VEC) has indicated that the coop will oppose any new large wind projects in northern Vermont because existing wind projects have introduced instability in the grid, prompting grid operator ISO-New England to order existing wind projects in Vermont and New Hampshire to curtail electricity output. As a result, wind farm turbines are not being...
Colorado Seeks to Increase Coop Renewable Power Target
Posted on Apr 9, 2013 in Climate Change, Litigation, Regulation & Policy, Renewable Energy | Comments Off on Colorado Seeks to Increase Coop Renewable Power Target
A Colorado state committee approved legislation this week that would require that 25 percent of Colorado’s electric coop electricity come from renewable sources by 2020. Investor-owned utilities in the state — Xcel Energy Inc. and Black Hills Energy — must by state law generate 30 percent of their electricity from renewable sources by 2020. Tri-State Generation and Transmission...
Two Hawaiian Islands Consider Possibility of Creating a Coop
Posted on Apr 2, 2013 in Grid & Infrastructure, Project Development, Renewable Energy | Comments Off on Two Hawaiian Islands Consider Possibility of Creating a Coop
The governments of the islands of Maui and Molokai in Hawaii are considering creating a new coop or municipal utility. A representative said that Maui County Mayor Alan Arakawa has stated that his preference is to continue working with Maui Electric Co. (MECO), a subsidiary of Hawaiian Electric Co. However, the county may try to form a municipal utility if MECO does not upgrade its...
Coops Ask DOE Chief to Drop Grid Restructuring Plan
Posted on Mar 11, 2013 in Environmental, Grid & Infrastructure, Regulation & Policy, Renewable Energy, Technology | Comments Off on Coops Ask DOE Chief to Drop Grid Restructuring Plan
Coops and other utilities want the new Department of Energy chief, Ernest Moniz, to drop his predecessor’s requirements to integrate renewable energy into the grid. Utility groups want Moniz to rescind a plan proposed by outgoing DOE Secretary Steven Chu to restructure federally controlled power systems in the Western United States that would enable deployment of renewable energy,...
Sequestration to Cause CREBs Payments to be Reduced by 8.7%
Posted on Mar 4, 2013 in Financing, Renewable Energy, Tax | Comments Off on Sequestration to Cause CREBs Payments to be Reduced by 8.7%
The Office of Management and Budget has issued its Report to the Congress on the budget sequestration for federal fiscal year 2013 required by the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by the Budget Control Act of 2011. Interest subsidy payments for New Clean Renewable Energy Bonds (New CREBs) are among the federal programs impacted by sequestration. ...
Sequestration to Cause CREBs Payments to be Reduced by 8.7%
Posted on Mar 4, 2013 in Financing, Renewable Energy, Tax | Comments Off on Sequestration to Cause CREBs Payments to be Reduced by 8.7%
The Office of Management and Budget has issued its Report to the Congress on the budget sequestration for federal fiscal year 2013 required by the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by the Budget Control Act of 2011. Interest subsidy payments for New Clean Renewable Energy Bonds (New CREBs) are among the federal programs impacted by sequestration. ...
Cobb EMC to Purchase Power from New Solar Project
Posted on Mar 1, 2013 in Project Development, Renewable Energy | Comments Off on Cobb EMC to Purchase Power from New Solar Project
Cobb Electric Membership Corporation has entered into a 25-year power purchase agreement with Dominion to purchase power from a solar project near Augusta, Georgia. Dominion recently acquired the development project, which will produce approximately 7.7 megawatts using photovoltaic technology. The project is expected to begin commercial operations on December 1. 2013. To read more,...
Two Wind Coops Take Top Honors
Posted on Feb 28, 2013 in Project Development, Renewable Energy | Comments Off on Two Wind Coops Take Top Honors
East River Electric Power Cooperative of South Dakota and Golden Valley Electric Association of Alaska took home top honors when a panel of industry experts selected the two coops as the Department of Energy’s 2012 Wind Cooperatives of the Year. See the Energy Department’s press release to learn more about the coops’ wind energy achievements and future plans.
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