Steve Beuning News Today

A strong theme running through the Yampa Valley Electric Association annual meeting on Tuesday was how the member-owned nonprofit electric cooperative is responding to customer-member requests for a future of stable, predictable electricity prices. “We’ve...

Utility industry news and analysis for energy professionals.

AES boosts Holy Cross’s 100% renewable energy goal with two solar projects April 23, 2021, 9:18 am Holy Cross Energy, the local electric co-op, released the following press release on its partnership with AES Corporation to increase its solar production and storage capacity with projects in Silt and Parachute: GLENWOOD SPRINGS, COLO., April 19, 2021 — The AES Corporation (NYSE: AES) today announced it signed agreements with Holy Cross Energy (HCE) to help meet Holy Cros...

Share to Facebook Post to Twitter Email Holy Cross Energy avoided around $11 million in inflated costs in the month of February thanks to power purchasing flexibility. Other local utilities were not as fortunate. Photo by Raleigh Burleigh. In February, a once-a-decade weather event occurred in Texas, bringing unusually cold temperatures and snowfall. During this storm, demand for natural gas skyrocketed for both heat and electricity, at the sa...

Special to the Daily Holy Cross Energy’s renewable energy efforts are moving faster than even utility officials had planned. That means it’s time for a more ambitious goal. Holy Cross in 2018 announced the “Seventy70Thirty” plan. The plan’s intent was to source at least 70% of its power supply from clean and renewable sources by 2030, and reduce greenhouse gas emissions by at least 70% from 2014. That goal was to be met with no increases in power supply costs. In a Monday virtual anno...

Big Pivots On the cusp of deep penetration of renewable energy that most would have thought impossible just a decade ago, Holy Cross Energy has now started working to contour demands around those intermittent renewables. Consider the six Tesla Powerwall battery packs installed in recent months in the homes of Holy Cross Energy members. They look vaguely like sleek, slender and small refrigerators. They serve a similar purpose, storing a perishable, renewable energy, to be tapped when demand pea...