Palisades Power Plant Re-Start Expected for August 2025
Posted on Oct 8, 2023
Holtec International, owner of Palisades Nuclear Power Plant, recently released new details in its plans to re-energize the nuclear facility, targeting August 2025 as a possible date to re-start power operations. Wolverine Power Corporation entered into a power purchase agreement with Holtec for offtake from the facility in September 2023.
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Florida Cooperative Introduces 3 Solar Projects totaling nearly 7 MW
Posted on Oct 8, 2023
Talquin Electric Cooperative recently announced the completion of 3 solar projects: Hinson Solar, a 4 MW project located in Gadsden County, Florida, and Hilliardville Solar, a 2 MW project located in Wakulla County, Florida, and Bristol Solar, a 630 kW project located in Liberty County, Florida. The projects are expected to replace fossil fuel-generated electricity for up to 1,400 homes in the area.
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Georgia Power, Oglethorpe Power Settle Plant Vogtle Cost Overrun Lawsuit
Posted on Oct 8, 2023
Georgia Power Corporation will pay Oglethorpe Power $413 million to settle a lawsuit brought in 2022 by Oglethorpe Power against Georgia Power, accusing Georgia Power of backing out of financial obligations to pay for cost overruns incurred in connection with the third and fourth reactors at Plant Vogtle. Under the settlement agreement, Oglethorpe will keep its current 30% ownership of Vogtle, which will help the coop in meeting increasing demand.
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Winter Storm Elliot Settlement Leaves Complaint by Old Dominion Electric Cooperative Claim and East Kentucky Power Cooperative Rights Outstanding
Posted on Oct 3, 2023
PJM Interconnection settled disputes with 80 parties over $1.8 billion in Winter Storm Elliot non-performance claims. The settlement leaves the complaint by Old Dominion Electric Cooperative, and the rights to bring a claim by East Kentucky Electric Cooperative unresolved.
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Coops Show Strong Interest in USDA Empowering Rural America Program
Posted on Sep 29, 2023
USDA has announced that it has received proposals for 750 projects from coops across the country seeking grants and loans from the Empowering Rural America (New ERA) Program, with funding requests totaling at least double the $9.7 Billion allotted to the program. Eligible projects include carbon capture, renewable energy, energy storage, nuclear energy and generation and transmission efficiency improvements.
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DOE Awards 5.7 Million for Battery Storage to Dairyland Power Cooperative
Posted on Sep 26, 2023
The Department of Energy awarded Dairyland Power Cooperative an Office of Clean Energy Demonstration grant to build energy storage and strengthen grid resilience. The $5.7 million dollar grant will be used to build battery storage in Allamakee County, Iowa, which serves members of Allamakee-Clayton Electric Cooperative.
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NRECA’S WORK WITH COBB EMC EARNS GLOBAL AWARD
Posted on Sep 20, 2023
NRECA, Cobb EMC and three national laboratories have won global recognition for their work on microgrid control modeling software that can boost grid reliability by using distributed assets to mitigate power outages.
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Texas Cooperative to Construct Fort Worth Facility
Posted on Sep 15, 2023
United Cooperative Service is considering a $33 million construction project near Fort Worth, Texas that would include offices, a warehouse, a vehicle service bay and a vehicle wash bay. The facility would begin construction in January of 2024 and be completed in June of 2025.
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South Carolina Cooperative: Reliability Remains Key Concern
Posted on Sep 15, 2023
Echoing NRECA’s message on the five biggest challenges threatening grid reliability, Bob Paulling, CEO of Mid-Carolina Electric Cooperative, testified before the House Representatives on the urgent need to increase grid reliability throughout the nation. Amongst other measures, Paulling recommended streamlining permitting processes that unnecessarily delay new developments.
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Wolverine Power Cooperative Signs Historic Agreement to Restart Palisades Nuclear Power Plant
Posted on Sep 13, 2023
Wolverine Power Cooperative (Wolverine) has entered into a long-term agreement with Holtec International (Holtec), a diversified energy technology company, that will pave the way for the restart of the 800-megawatt Palisades Nuclear Power Plant in Covert Township, Michigan. Wolverine has committed to purchase up to two-thirds of the power generated by the Palisades Nuclear Power Plant with rural electric cooperative project partner Hoosier Energy (Hoosiers) purchasing the balance. Eversheds Sutherland (US) LLP advised both Wolverine and Hoosier on the long-term agreement with Holtec.
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Eighth Circuit Confirms Validity of Term Provisions in Wholesale Power Contracts
Posted on Sep 11, 2023
The US Court of Appeals for the Eighth Circuit has recently confirmed the validity of term provisions in wholesale power contracts between generation and transmission cooperatives and their member distribution cooperatives.
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Pennyrile Rural Electric Cooperative Corp. wins $12 million in broadband grants
Posted on Sep 7, 2023
Pennyrile Rural Electric Cooperative Corp. was one of the beneficiaries of the $386 million distributed by Kentucky for broadband deployment. The cooperative, and other winners will use the funds to run fiber to underserved locations.
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19 Cooperatives Receive $434 Million from USDA Electric Loan Program
Posted on Sep 5, 2023
The U.S. Department of Agriculture announced over $430 million in rural infrastructure loans to 19 cooperatives in 10 states to assist with strengthened systems, grid reliability and security. Minnesota cooperative Lake County Power received the largest loan of $82 million to build 400 miles of line and improve four substations.
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Dairyland Power Cooperative Opens New Digital Operations Center
Posted on Aug 31, 2023
Dairyland Power Cooperative, which serves 700,000 in Wisconsin, is opening a new digital operations center. The upgraded center will provide operators real-time tools to manage the new and varied resource types on the grid.
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