Indiana Cooperative Receiving $10.5 Million Loan
Posted on Mar 7, 2019
Southern Indiana Power is receiving a $10.5 million federal loan to build or improve 92 miles of line to enhance system operations for 600 rural consumers. The loan also includes funds for smart grid technologies.
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Coop CEO Testifies in Support of Carbon Capture Technology Legislation
Posted on Mar 4, 2019
Basin Electric Power Cooperative CEO, Paul Sukut, told a Senate panel that he supports efforts to help electric cooperatives develop technology to capture carbon dioxide emissions from coal-fueled power plants and turn them into useful products.
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USDA Banks New Investments in Infrastructure and Smart Grid Technology
Posted on Mar 1, 2019
Earlier this week, the U.S. Department of Agriculture (USDA) announced investments in seven new projects in Arkansas, Florida, Indiana, Oklahoma and South Dakota. The loans, totaling $122 million, will help build and improve electric lines and implement smart grid technologies.
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NOVEC Enters Into 300 MW Solar PPA
Posted on Feb 28, 2019
Northern Virginia Electric Cooperative (NOVEC) has entered into a power purchase agreement (PPA) for approximately 300 MW of electrical energy output from solar facilities owned by D. E. Shaw Renewable Investments.
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Cooperative to Provide Transmission Services for LNG Project
Posted on Feb 19, 2019
South Texas Electrical Cooperative (STEC) has signed a facilities agreement with Annova LNG for 405 MW, representing the total electric transmission needs for a 6.0 MTPA LNG export project. Magic Valley Electric Cooperative, a member of STEC, will be the sole provider of electric energy to power the facility.
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Mississippi Law Allows Coops to Pursue Broadband
Posted on Feb 13, 2019
A new Mississippi law expands a coop’s authority to pursue broadband through an affiliate that is separate from its electric service. The law will allow a coop to hang broadband fiber on its existing power poles and lease it to the affiliate. Alternatively, the affiliate can partner with an internet provider to pursue the service.
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Tri-State and EDP Renewables Announce Wind PPA
Posted on Feb 13, 2019
Tri-State Generation and Transmission Association (Tri-State) and EDP Renewables (EDP) have announced a 104 MW, 15-year power purchase agreement (PPA) that will enable the development and construction of the Crossing Trails Wind Farm. The wind farm, which is expected to be operational in 2020, will produce enough electricity annually to power more than 47,000 average rural Colorado homes.
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NRECA Welcomes New Year with Fresh Advocacy Priorities
Posted on Jan 29, 2019
Last week, the National Rural Electric Cooperative Association (NRECA) CEO, Jim Matheson, outlined the organization’s new advocacy goals for 2019. Matheson set rural broadband, flexible energy and infrastructure policy, grid resilience, and beneficial regulations as areas of emphasis.
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Mississippi Allows Electric Cooperatives to Offer Internet Service
Posted on Jan 25, 2019
This week Mississippi passed a bill allowing electrical cooperatives in the state to offer customers high-speed internet service. The measure, seeking to better Mississippians’ access to internet service, will allow cooperatives to seek U.S. Department of Agriculture grants for extending internet service.
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S&P Releases 2019 Outlook for Power Utilities and Electric Cooperatives
Posted on Jan 24, 2019
An S&P Global Ratings report forecasts that, despite significant technological, regulatory and economic uncertainties in 2019, power utilities and electric cooperatives are likely to maintain their financial strength, on the whole.
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Colorado Cooperative Strikes Deal Spurring 100 MW Wind Farm Development
Posted on Jan 11, 2019
Holy Cross Energy, a Colorado-based nonprofit rural electrical cooperative, recently entered a two-way power purchase agreement with Guzman Energy allowing for the development of a 100 MW wind farm. The agreement will allow Holy Cross Energy to reach almost 70% renewable energy consumption in 2021 once the wind farm comes online.
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Dairyland Power Cooperative Seeks Approval for Natural Gas Plant
Posted on Jan 9, 2019
Dairyland Power Cooperative is seeking approval from Wisconsin Public Service Commission to build a jointly owned natural gas power plant in Superior, Wisconsin. If approved, the 625 MW plant would go online in late 2024.
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Electric Cooperative Policy Priorities in 2019
Posted on Jan 7, 2019
As the new Congress gets under way, the National Rural Electric Cooperative Association (NRECA) will be advocating on many public policy issues on behalf of electric cooperatives. Specifically, NRECA plans to (1) work to ensure that any infrastructure package will include opportunities to modernize the electric grid and expand rural broadband access, (2) encourage bipartisan support for energy research and development programs, (3) work to protect electric cooperative employee retirement benefits, and (4) advocate for resources and technologies that meet the unique cybersecurity and recovery...
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United Power Cooperative Storage System Comes Online
Posted on Dec 20, 2018
United Power Cooperative has unveiled the largest battery storage system in Colorado. The battery stores 4 megawatts, and United Power anticipates it will save customers $1 million per year.
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