Six more electric co-ops seek Tri-State separation
Durango, Colorado Currently Sat 61% chance of precipitation
LPEA joined by other providers in Colorado, New Mexico and Nebraska By Patrick Armijo Education, business & real estate reporter
Thursday, April 22, 2021 2:08 PM Updated 1 day 20 hours ago
Six more electric co-ops seek Tri-State separation Six more rural electric cooperatives have joined La Plata Electric Association in seeking to get a dollar value estimate from Tri-State Generation and Transmission of the cost to end their long-term power supply contracts with Tri-State. Durango Herald file
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Six rural electric cooperatives have joined La Plata Electric Association’s exploration of buying out their long-term contracts with their electricity supplier, Tri-State Generation and Transmission.
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 same time as availability plummeted due to frozen gas supply lines and reduced pumping capacity from blackouts. This mismatch in supply and demand in Texas increased natural gas prices around the country.
According to a presentation made by Holy Cross Energy’s Vice President of Power Supply and Programs, Steve Beuning, “I believe the dollar amount that Xcel Energy spent on natural gas during those four days was somewhere in the range of $300 million, or approximately four months worth o
Wyoming sets aside money to sue states, like Colorado, for their renewable energy policies Judith Kohler
A new Wyoming law that sets aside money to sue states whose policies hamper the use of Wyoming coal was passed in part with Colorado in mind, the sponsor said.
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The bill recently signed into law allocates $1.2 million to the governor s office for lawsuits against states with laws and regulations that impede Wyoming s ability to export coal or force the early closures of coal-fired plants in the state. Wyoming is the country s No.1 coal producer, and the move to more renewable energy because of dropping prices of wind and solar power and concerns about climate change have battered the Cowboy State s coal industry.
A new Wyoming law that sets aside money to sue states whose policies hamper the use of Wyoming coal was passed in part with Colorado in mind, the sponsor said.
The bill recently signed into law allocates $1.2 million to the governor s office for lawsuits against states with laws and regulations that impede Wyoming s ability to export coal or force the early closures of coal-fired plants in the state. Wyoming is the country s No.1 coal producer, and the move to more renewable energy because of dropping prices of wind and solar power and concerns about climate change have battered the Cowboy State s coal industry.
DENVER â Now that the House has approved the stateâs $34 billion budget for the next fiscal year, which begins July 4, the measure heads back to the Senate for a final vote before heading to Gov. Jared Polis for his approval.
â Monday: The House Agriculture, Livestock and Water Committee is to hear HB1260, a measure partly introduced by Rep. Marc Catlin, R-Montrose, and Sen. Kerry Donovan, D-Vail, that is to transfer $20 million to begin to implement the stateâs water plan. The money comes from the voter-approved Proposition DD, which authorized online sports betting in the state.
â Tuesday: The Senate Transportation and Energy Committee is to discuss SB 161, a measure partly sponsored by Sen. Don Coram, R-Montrose, to mandate the Colorado Public Utilities Commission to adopt rules for a voluntary greenhouse gas reduction program on natural gas use by large utilities.