A Solar & Natural Gas Partnership?

December 5, 2013 14:05 by Bill Conway in Cooperatives, Energy, Regulation, Renewables, Utilities  //  Tags: , ,   //   Comments (0)
A Solar & Natural Gas Partnership? [More]

Cedigaz: Global gas storage capacity to rise 48% by 2030

Cedigaz has reported that world wide gas storage is expected to increase from 377 billion cubic meters (bcm) at the beginning of 2013 to as much as 631 bcm by 2030.  New storage markets in Asia and the Middle East account for ~60% of this new capacity.  China is seen as a key driver of growth, as much of their storage infrastructure will need to be built from scratch. In more mature markets, such as the US and EU, growth in storage capacity will be limited. Instead the focus will be on new facilities that increase peak deliverability and back up renewable sources such as wind.  Both of these trends seem to favor cavern storage as opposed to man made.  At the beginning of 2013, there were 688 underground gas storage facilities in operation. More than two thirds of these are in North America: 414 in the US and 59 in Canada.  Europe boasts 144 storage locations (99 bcm) and 51 facilities (115.5 bcm) in the CIS. Asia has 18 sites (9.3 bcm), Argentina has one, and Iran has one. These figures are according to Cedigaz data.  Globally, there are 95 projects under construction for an additional 68 bcm of working capacity.  These will be completed by 2020-2025.  141 additional projects are identified at various stages of the planning process, with varying degrees of probability to complete construction. Click to read the full article here.

Laclede Gas Purchase of Missouri Gas Energy Approved

July 18, 2013 17:28 by Clayton Reeves in Cooperatives, M&A, Natural Gas, Regulation, Utilities  //  Tags: , , ,   //   Comments (0)
Yesterday, state utility regulators approved the combination of Missouri's two largest natural gas companies. The Missouri Public Service Commission unanimously sent an agreement through that allows Laclede Gas Co. to purchase Missouri Gas Energy. The combined entity will have more than 1.1 million customers. The deal prevents Laclede Gas from seeking a general rate increase in its current service area until October 2015.  However, through the MGE territory, Laclede could seek an immediate rate hike. Read the full story here.

Natural Gas Generation to Continue Expanding

February 27, 2013 10:55 by Bill Conway in Capital Markets, Cooperatives, Energy, Engineering & Construction, Natural Gas  //  Tags:   //   Comments (0)
Black & Veatch has published a report titled "Coal: Begining the Long Goodbye", outlining their thoughts, supported with some good facts and details, on the future of natural gas and coal generation.  With many coal facilities being shuttered, utility executives should be planning for a future that includes natural gas.  The report indicates gas is a competitive resource at $4.5 to $6 per cubic foot, and has set a price target of $5 in 2020.    Click Here to Read Article.

The Power of Natural Gas

January 31, 2013 11:24 by Bill Conway in Cooperatives, Energy, Engineering & Construction, Regulation  //  Tags:   //   Comments (0)
The enhanced natural gas extraction technologies and the resulting abundant supply and attractive pricing have many finally embracing the natural gas market. However, market participants need not to lose focus on the benefits of a diversified generation portfolio and the fact the current natural gas delivery pipeline infrastructure is not sufficient to support the "gas boom". [More]

Minnesota Electric Coop Offers Members Solar Power

January 18, 2013 15:09 by Bill Conway in Cooperatives, Energy, Energy Efficiency  //  Tags: , ,   //   Comments (0)
For $869, members of Wright-Hennepin Electric Cooperative can purchase a solar panel, and the output from a solar array, to be built near the electric cooperative’s headquarters. This is an innovative means for residential electric consumers to purchase solar power without the installation requirements of retro-fitting each individual home, not to mention the challenge of evaluating optimal sun exposure. The community solar concept removes the implementation questions surrounding how residential consumers can participate in renewable power projects. [More]

Coal Transportation Rates to the Electric Power Sector

December 6, 2012 13:57 by Bill Conway in Cooperatives, Energy, Regulation  //  Tags: , ,   //   Comments (0)
The transportation cost for coal from mines to generation facilities via rail  increased 46% from 2001-2010, or 4.3% annually, with the largest annual rate of increase in the southern Appalachian region.  However, increases in commodity costs outpaced transportation cost increases.  To read more, click here.  

Lakeside Energy Agrees to Acquire Two Combined-Cycle Power Plants from WPS Empire State

November 5, 2012 15:29 by Bill Conway in Cooperatives, Energy, M&A  //  Tags: ,   //   Comments (0)
Lakeside Energy LLC, an owner and operator of power generation facilities in North America, has agreed to acquire two combined-cycle power plants from WPS Empire State, a subsidiary of Integrys Energy Services, Inc. The plants are located in Solvay and Beaver Falls, New York and sell energy and capacity into the New York market.  To read the full press release, click here.    

Commodities - Energy, Agriculture & Construction

The following charts are CCCA's dashboard for Energy, Agriculture, and Construction commodities.              

Discounting of Capital Credits of Deceased Members Upheld in North Carolina

August 24, 2012 16:50 by David Patterson in Cooperatives  //  Tags:   //   Comments (0)
The North Carolina Business Court held that electric cooperates may discount capital credits of deceased members when there is a request for early capital credit retirement. For additional information read the Sutherland Legal Alert, or the full court order is here.

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