Oglethorpe Power Corporation Selects Annalisa Bloodworth as new CEO
Posted on Nov 11, 2024 in Press Release | Comments Off on Oglethorpe Power Corporation Selects Annalisa Bloodworth as new CEO
Oglethorpe Power Corporation has selected Annalisa Bloodworth as its new CEO effective February 1, 2025. Bloodworth will transition from the role of Senior Vice President and General Counsel, which she has held since 2017. Prior to her role at Oglethorpe, Bloodworth was an associate at Eversheds Sutherland (US) LLP.
Arkansas Electric Cooperative Corp. Invests $1 Billion in New Gas and Solar Generation to Meet Regional Power Demand
Posted on Nov 7, 2024 in Press Release | Comments Off on Arkansas Electric Cooperative Corp. Invests $1 Billion in New Gas and Solar Generation to Meet Regional Power Demand
Arkansas Electric Cooperative Corp. (AECC) is investing nearly $1B for over 1 gigawatt of new natural gas generation, including a $850 million plant in Texas and an expanded Arkansas facility, to address capacity needs in the Southwest Power Pool market. The projects, set for completion by 2028, aim to replace retiring coal capacity and support steady demand growth, alongside new solar...
$97 Million Awarded to Rural Electric Co-ops for Grid Resilience
Posted on Oct 17, 2024 in Press Release | Comments Off on $97 Million Awarded to Rural Electric Co-ops for Grid Resilience
The National Rural Electric Cooperative Association (NRECA), Georgia Transmission Corporation, and eleven rural electric utilities have been selected to negotiate contracts for over $97 million in federal funding from the Department of Energy’s Grid Resilience and Innovative Partnerships (GRIP) program to enhance grid resilience. The consortium will focus on completing...
Taylor River Hydropower Project Brings Clean Energy to Gunnison Valley
Posted on Sep 19, 2024 in Press Release | Comments Off on Taylor River Hydropower Project Brings Clean Energy to Gunnison Valley
The Gunnison County Electric Association (GCEA) and Uncompahgre Valley Water Users Association (UVWUA) have completed the Taylor River Hydropower project, a 500-kilowatt hydroelectric facility at Taylor Park Dam. This $3.6 million project will generate enough clean energy to power approximately 500 local homes and businesses. GCEA aims to produce 5% of its energy locally through solar...
Biden Administration Announces $7.3 Billion Clean Energy Investment for Rural Communities
Posted on Sep 5, 2024 in Press Release | Comments Off on Biden Administration Announces $7.3 Billion Clean Energy Investment for Rural Communities
President Joe Biden and U.S. Department of Agriculture Secretary Tom Vilsack announced over $7.3 billion in financing for rural electric cooperatives to support clean energy projects through the Empowering Rural America (New ERA) program, a component of the Inflation Reduction Act. The first round of selected projects (sixteen (16) projects in total) will reduce greenhouse gases by...
FERC Rejects Basin Electric’s Proposal for Special Crypto Mining Rate Schedules
Posted on Aug 26, 2024 in Press Release | Comments Off on FERC Rejects Basin Electric’s Proposal for Special Crypto Mining Rate Schedules
The Federal Energy Regulatory Commission (FERC) rejected Basin Electric Power Cooperative’s proposal to create separate rate schedules for cryptocurrency operations, stating Basin failed to show that these operations posed more risk than other large energy loads. Basin argued that crypto mining could lead to stranded assets due to its transient nature, but FERC found insufficient...
Arkansas Electric Cooperative Corporation to Build 900-Megawatt Natural Gas Plant in Texas
Posted on Aug 16, 2024 in Press Release | Comments Off on Arkansas Electric Cooperative Corporation to Build 900-Megawatt Natural Gas Plant in Texas
Arkansas Electric Cooperative Corporation (AECC) plans to build a 900-megawatt natural gas generation facility in Morris County, Texas, beginning construction in 2026 and aiming for commercial operation by 2029. The facility will enhance reliability within the Southwest Power Pool regional transmission organization, providing efficient, low-emission energy to AECC’s 17...
NRECA Challenges EPA’s New Coal Ash Rule
Posted on Aug 8, 2024 in Litigation, Press Release | Comments Off on NRECA Challenges EPA’s New Coal Ash Rule
The National Rural Electric Cooperative Association (NRECA) has filed a lawsuit with other utility groups challenging the EPA’s new rule on coal ash impoundments, arguing it imposes undue costs and could harm grid reliability. The rule, which expands regulations to include inactive sites and other previously unregulated areas, is criticized for being overly broad and potentially...
Oglethorpe Power Announces New Generation Projects to Support Georgia’s Rising Electricity Demands
Posted on Jul 31, 2024 in Press Release | Comments Off on Oglethorpe Power Announces New Generation Projects to Support Georgia’s Rising Electricity Demands
Oglethorpe Power has approved the construction of two natural gas projects in Georgia: a state-of-the-art combined-cycle plant in Monroe County and a highly efficient combustion turbine unit in Talbot County. These two projects will help meet the growing energy demands of the electric cooperatives that Oglethorpe serves while prioritizing affordable and sustainable energy.
Electric Cooperative Tri-State Generation Acquires Solar Projects
Posted on Jun 6, 2024 in Press Release | Comments Off on Electric Cooperative Tri-State Generation Acquires Solar Projects
The Colorado-based electric cooperative Tri-State Generation and Transmission Association has made its first purchases of renewable energy projects, acquiring the 145-MW Axial Basin Solar project and the 110-MW Dolores Canyon Solar installation. These acquisitions, along with other solar power agreements, aim to help Tri-State achieve 50% renewable energy use by its members by late...
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