Xcel appears to have directed its own natural gas supply to meet reserve requirements rather than generate power during 2021 storm. “It’s like someone is knocking on your door to pay a credit card bill and you are putting the money in savings.”
FERC
Posted inEnergy
Xcel Energy’s controversial Unaweep Canyon pumped-storage hydro project gets preliminary federal permit
The Federal Energy Regulatory Commission has accepted Xcel’s application for a preliminary permit to study a massive hydropower project in Unaweep Canyon, where residents are promising a fight.
Posted inEnvironment
Gross Dam opposition gets new legal life in fight against massive Boulder County reservoir expansion
Appeals Court clears environmental coalition to challenge permits as county commissioners tell federal authorities who OK’d the project that construction is ruining neighbors’ lives
Posted inBusiness, Energy, News
After long battle, 3 Colorado electric co-ops may renegotiate with Tri-State instead of leaving outright
In the jockeying for a new relationship between Tri-State Generation and Transmission Association and the rural cooperatives it supplies with electricity, three Colorado co-ops are seeking partial contracts with the power wholesaler — instead of leaving outright. Tri-State and some of its cooperatives have been battling over the association’s long-term contract, which requires members to […]
Posted inBusiness, Energy, Environment, News
United Power should be able to leave Tri-State for less than a tenth of a proposed $1.6B exit fee, federal report says
In the running battle over how much a suburban Denver electric cooperative must pay to leave the Tri-State Generation and Transmission Association, the co-op picked up some ammunition in a report by a federal energy economist that calls the association’s exit fee calculations flawed and unreasonable. The exit fee for Brighton-based United Power should be […]
Posted inBusiness, Climate, Energy, News, Politics and Government
United Power makes good on threat to break its contract with Tri-State Generation
After years of legal sparring, United Power, the largest electric cooperative in the Tri-State Generation and Transmission Association, is moving to break with the wholesale power provider. The Brighton-based co-op filed notice of its intent to withdraw from the association, effective January 2024, with the Federal Energy Regulatory Commission. The FERC oversees Tri-State. United follows […]
Posted inBusiness, Climate, Energy, Environment, News
Rural electric co-ops get shocking estimates of the cost to break up with Tri-State Generation
Rural electric cooperatives seeking to leave the Tri-State Generation and Transmission Association have received exit fee estimates in a federal filing and it adds up to billions of dollars The respective price tags for two Colorado co-ops in the forefront of the exit movement — Brighton-based United Power and Durango-based La Plata Electric Association — […]
Posted inBusiness, Climate, Energy, Environment, News
Tri-State must tell members seeking cleaner, cheaper energy how much it would cost to break up, regulators say
Western rural electric cooperatives that have repeatedly asked how much it will cost for them to leave the Tri-State Generation and Transmission Association are facing “unjust and unreasonable or unduly discriminatory” hurdles in getting those numbers, according to federal energy regulators. “The lack of clear and transparent exit provisions has allowed Tri-State to impose substantial […]
Posted inBusiness, Climate, Energy, Environment, News
Co-ops trying to leave Tri-State say the electric utility is “stonewalling” by refusing to calculate the price to exit
Tri-State Generation and Transmission Association is “stonewalling” efforts by seven rural electric cooperatives – in Colorado, New Mexico and Nebraska – to get estimates on how much it will cost them to leave the association, according to a complaint filed with federal regulators. “Tri-State’s refusal to perform the calculation required… is patently unjust and unreasonable,” […]
Posted inBusiness, Energy, News
Colorado AG asks federal regulators to probe traders’ “windfall” gas profits from February cold snap
The 290,000 Colorado customers of Black Hills Energy could face up to $552 in surcharges over two years to pay for fuel-price surges during the Presidents Day weekend record cold snap, according to new filings with the state Public Utilities Commission. Attorney General Phil Weiser, meanwhile, called on the Federal Energy Regulatory Commission to investigate […]