in News Departments > New & Noteworthy
print the content item

North Carolina Electric Membership Corp. (NCEMC), a generation and transmission (G&T) cooperative, has joined five other G&T cooperatives across the country to purchase the entire output of the 150 MW Story County Wind Energy Center in Iowa. NCEMC's share will be 12 MW. The wind farm, which is operated by a subsidiary of FPL Energy, is made up of 100 GE 1.5 MW turbines.

The other participating G&T cooperatives are PowerSouth Energy Cooperative (serving portions of Alabama and Florida), Wabash Valley Power Association (serving several Midwestern states), Hoosier Energy (serving parts of Indiana and Illinois), Central Iowa Power Cooperative and Buckeye Power (serving Ohio).

Each of the six G&T cooperatives will receive renewable energy certificates (RECs) from the project, which they may use for their own account or sell into the REC marketplace.

North Carolina's electric cooperatives' newly formed company, GreenCo Solutions, will manage the RECs associated with the output of the facility. The RECs may be used to assist NCEMC in complying with North Carolina's renewable energy portfolio standard.

The Story County facility began commercial operation earlier this month. The energy generated by the facility will be consumed in the region served by the Midwest ISO.

SOURCE: North Carolina Electric Membership Corp.



Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Renewable NRG_id1934
Hybrid Energy Innovations 2015
Canwea_id1984