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...
FERC Deadlock Leads to Approval of Southeastern Regional Energy Market Platform
Posted on Oct 19, 2021 in Regulation & Policy, Technology | Comments Off on FERC Deadlock Leads to Approval of Southeastern Regional Energy Market Platform
The Southeast Energy Exchange Market (SEEM) received clearance from the Federal Energy Regulatory Commission (FERC) for their proposed trading platform after a tie vote to approve it. SEEM is a wholesale power market that will facilitate bilateral energy trading at much faster rates than previously available, enabling almost 20 entities across 11 states to deliver an estimated $40 to...
Iowa, North Dakota Utilities Seek $77 Million for Power Provided During Polar Vortex
Posted on Jul 30, 2021 in Climate Change | Comments Off on Iowa, North Dakota Utilities Seek $77 Million for Power Provided During Polar Vortex
Basin Electric and North Iowa Municipal Electric Cooperative Association filed a complaint with the Federal Energy Regulatory Commission seeking payment of $77 million from Southwest Power Pool for agreeing to provide energy during February 2021’s polar vortex. At issue is whether the utilities should be paid, even though some operations were temporarily offline during the...
NRECA, Others, Warn FERC on Need for New NERC Standards
Posted on Dec 11, 2020 in FERC | Comments Off on NRECA, Others, Warn FERC on Need for New NERC Standards
The American Public Power Association and the National Rural Electric Cooperative Association (NRECA), amongst others, are warning the Federal Energy Regulatory Commission (FERC) against directing the North American Electric Reliability Corporation (NERC) to develop new standards or requirements in an effort to mitigate security risks tied to equipment and services.
FERC Urged to Reject Objections to Small Utility Opt-in Mechanism
Posted on Nov 20, 2020 in FERC | Comments Off on FERC Urged to Reject Objections to Small Utility Opt-in Mechanism
In September, the Federal Energy Regulatory Commission (FERC) approved Order No. 222, which enables distributed energy resource aggregators to participate alongside traditional resources in the regional organized wholesale markets through aggregations. The American Public Power Association and the National Rural Electric Cooperative Association are now urging FERC to reject objections...
FERC Decision Draws NRECA Commentary
Posted on May 17, 2019 in Energy Storage, Regulation & Policy | Comments Off on FERC Decision Draws NRECA Commentary
The National Rural Electric Cooperative Association (NRECA) issued a statement criticizing the Federal Energy Regulatory Commission’s (FERC) refusal to reconsider rules on energy storage resources in wholesale markets. NRECA leadership noted that FERC’s assumption of discretionary authority may undermine local utilities’ and regulatory authorities’ management of storage resources for...
Senators and Coops Voice Concerns Regarding FERC’s Distributed Energy Resources Proposal
Posted on May 9, 2019 in Legislative & Politics, Renewable Energy | Comments Off on Senators and Coops Voice Concerns Regarding FERC’s Distributed Energy Resources Proposal
A recent proposal from the Federal Energy Regulatory Commission (FERC) would allow third parties to aggregate distributed energy resources (DERs) and sell electricity on the wholesale electricity market. A group of U.S. Senators wrote a letter to FERC outlining the concerns heard from rural electric cooperatives regarding the potential adverse impact on reliability and prices for...
FERC Confirms UEC’s Authority to Build Transmission Line
Posted on Jan 22, 2018 in Litigation, Renewable Energy, Uncategorized | Comments Off on FERC Confirms UEC’s Authority to Build Transmission Line
The Federal Energy Regulatory Commission (FERC) recently ordered Umatilla Electric Cooperative (UEC) to provide wholesale transmission service to a certain wind energy project, rejecting a protest by Columbia Basin Electric Cooperative that the action would encroach on its exclusive service territory. The proposed wind farm, located near Heppner, Oregon, would include up to 292...
Rural Cooperatives Shift Toward Cleaner Power Generation Mix
Posted on Aug 22, 2017 in Renewable Energy | Comments Off on Rural Cooperatives Shift Toward Cleaner Power Generation Mix
Low gas prices, the federal production tax credit and state renewables mandates are leading to a cleaner power generation mix for rural cooperatives. Specifically, wind power, natural gas and related technology innovation are dominating growth of cooperatives’ energy generation. According to the American Wind Energy Association, electric cooperatives added more than 900 MW of new wind...
NRECA Joins PJM Seeking Shutdown of FERC Floor Price Dispute
Posted on Aug 25, 2016 in Litigation | Comments Off on NRECA Joins PJM Seeking Shutdown of FERC Floor Price Dispute
The NRECA has joined with PJM Interconnection LLC (PJM) and other utility groups to back the changes by the Federal Energy Regulatory Commission (“FERC”) to the PJM proposal dealing with artificial price suppression on the grid. PJM asked the D.C. Circuit to deny the grid’s power providers challenge to the plan. PJM said Monday that it is fine with FERC’s changes and, therefore, the...
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