Michigan Coop Merger Talks Appear to Stall
Posted on Dec 9, 2014 in Corporate Governance, Mergers/Acquisitions, Rates | Comments Off on Michigan Coop Merger Talks Appear to Stall
Merger talks between the Alger Delta Cooperative Electric Association (Alger Delta) and Great Lakes Energy Cooperative have been complicated by Alger Delta’s “no sale” policy. Some members of the board for each coop remain interested in pursuing a merger. Proponents of a merger argue that it could reduce bills for some members of the combined entity by as much as $24 a month. Click...
New Great River Energy CHP Plan Online
Posted on Dec 9, 2014 in Environmental, Innovation/Efficiency, Project Development | Comments Off on New Great River Energy CHP Plan Online
Minnesota-based Great River Energy’s (GRE) Spiritwood coal plant came online last month in North Dakota. The combined heat and power plant is nearly twice as efficient as conventional coal plants. In addition to generating power for GRE’s members, the plant will produce steam energy for an adjacent malting facility and a soon to open biorefinery. Click here for more.
Wyoming Coops Execute Management Services Agreement
Posted on Dec 3, 2014 in Corporate Governance, Mergers/Acquisitions | Comments Off on Wyoming Coops Execute Management Services Agreement
Beartooth Electric Cooperative (Beartooth) and Lower Valley Energy (LVE) have entered into a three-year contract for LVE to manage Beartooth in a deal that is expected to create significant savings for Beartooth and its members. To read more please click here.
Supreme Court Agrees to Review Significant EPA Rule
Posted on Dec 2, 2014 in Legislative & Politics, Litigation, Mergers/Acquisitions, Regulation & Policy | Comments Off on Supreme Court Agrees to Review Significant EPA Rule
The U.S. Supreme Court has agreed to review the new power plant emissions caps of the Environmental Protection Agency (EPA). The suit was brought by industry trade groups and almost two dozen states, who argued that the EPA did not adequately consider the costs associated with complying with this regulation. The immediate effect of any ruling in this case may be limited, as utilities...
Texas Coops Purchase Wind Power
Posted on Dec 1, 2014 in Grid & Infrastructure, Project Development, Renewable Energy | Comments Off on Texas Coops Purchase Wind Power
East Texas Electric Cooperative and Northeast Texas Electric Cooperative recently signed purchase agreements for wind power generated by an Apex Clean Energy subsidiary’s wind project, set to come online in 2015. Click here for more.
WAPA Settles with FERC and NERC over Blackout
Posted on Dec 1, 2014 in Grid & Infrastructure, Litigation, Regulation & Policy, Reliability | Comments Off on WAPA Settles with FERC and NERC over Blackout
The Western Area Power Administration (WAPA), a regional power marketer, has reached a settlement with the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC) over a 2011 blackout. FERC alleged that WAPA’s Desert Southwest Region was operating its portion of the transmission system outside of voltage limits when a 500-kilovolt line...
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