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HTML‘Social Cost of Carbon’ Raises NRECA Concerns
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 14, 2014, previously published on March 11, 2014
The National Rural Electric Cooperative Association (NRECA) recently reported to the Obama administration about the potential costs of federal regulations based partly on the social cost of carbon. Speaking out strongly against this idea, the NRECA pointed out that “the federal government...

 

HTMLDOE and NRECA Name 2013 Wind Coops of the Year
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 11, 2014, previously published on March 9, 2014
The U.S. Department of Energy (DOE) and the National Rural Electric Cooperative Association (NRECA) named Old Dominion Electric Cooperative and the Rural Electric Convenience Cooperative as the 2013 Wind Cooperatives of the Year.

 

HTMLIndian Oil Corp. Acquires 10% Share of Pacific NorthWest LNG Terminal
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 11, 2014, previously published on March 7, 2014
Today, Progress Energy Canada Ltd. (Progress Energy) announced that it has entered into agreements with Pacific NorthWest LNG Ltd. (PNW LNG) and Petroliam Nasional Berhad (Petronas) whereby Indian Oil Corporation Ltd. (Indian Oil), through its affiliates, will acquire a 10% interest in Progress...

 

HTMLMinnkota Facing Tough Winter Delays on Power Line Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 10, 2014, previously published on March 4, 2014
Minnkota Power Cooperative’s (Minnkota) $312-million, 345-kilovolt Center-to-Grand Forks, North Dakota, transmission line is now being delayed by about five months due to extreme winter weather.

 

HTMLBasin Electric Increases Power Generation
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 10, 2014, previously published on March 4, 2014
Basin Electric Power Cooperative (Basin Electric) now has three units of its Pioneer Generation Station in service. The gas-fired generation facilities, located in Williston, North Dakota, will help add much-needed electricity into the oil drilling region.

 

HTMLCPUC Proposes 20-Year Transition Period for Net-Energy Metered Customers
Sophie A. Akins, Joshua Nelson; Best Best & Krieger LLP;
Legal Alert/Article
March 7, 2014, previously published on February 25, 2014
The California Public Utilities Commission (CPUC) recently proposed establishing a 20-year transition period for existing net-energy metering (NEM) customers such as schools, cities, special districts and other customers (including residential) with renewable energy projects. Under the proposal...

 

HTMLArizona Coop Forgoes 100% Equity Financing, Becomes CFC Borrower
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 11, 2014
Duncan Valley Electric Cooperative (DVEC), based in Duncan, Arizona, recently borrowed from the National Rural Utilities Cooperative Finance Corporation (CFC) to prepay future National Rural Electric Cooperative Association Retirement Security Plan contributions.

 

HTMLJapan Looks at Canadian LNG Supplies but Potential Obstacles Remain
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 22, 2014
The Globe and Mail reports that the Japanese government and Tokyo Electric Power Company are looking favorably upon obtaining LNG from British Columbia (B.C.), Canada. However, possible shortages of labor for terminal construction, details of the impending B.C. LNG tax, and the potential for a...

 

HTMLGeorgia Coop Retires Nearly $11 Million in Patronage Capital
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 21, 2014
Sawnee Electric Membership Corporation (Sawnee EMC) has announced that it will retire $10.6 million to approximately 63,900 eligible members through a general retirement of patronage capital for the years 1991, 1992 and 1993. This means that members that received electric service from Sawnee EMC...

 

HTMLIndiana Coop Becomes 100 Percent CFC Borrower
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 21, 2014
Indiana coop Jackson County Rural Electric Membership Corporation (Jackson County REMC) recently refinanced $100,000 in outstanding debt, making it a 100 percent National Rural Utilities Cooperative Finance Corporation (CFC) borrower.

 


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