Colorado distribution co-op wants out of coal-heavy power supply contracts

first_img FacebookTwitterLinkedInEmailPrint分享Utility Dive:A Colorado electric cooperative filed with state regulators Thursday to ditch its coal-heavy generation supplier in pursuit of cheaper renewable energy, part of an industry-wide move toward wind and solar.The Delta Montrose Electric Association (DMEA) asked the Colorado Public Utilities Commission to adjudicate a fair exit price to end its generation contracts with the Tri-State Generation & Transmission Association, a multi-state power provider that requires member utilities to purchase 95% of their power from its largely fossil fuel fleet.DMEA’s exit could prompt moves from other Tri-State members, who have pressured the utility in recent years to allow more local renewable energy investment. Two of Tri-State’s rival utilities in Colorado this week pledged to move to 100% clean energy, and a recent economic analysis of Tri-State’s fleet suggests wind and solar could undercut its existing coal plants. DMEA’s decision to leave Tri-State demonstrates how the increasing competitiveness of renewable energy is upending the economics of power production in the American West.In a statement Thursday, DMEA officials said their primary motivator for splitting from the generation supplier is to limit costs to their customers. “Tri-State’s annual reports show that average member rates have increased 56% since 2005, which is more than double the increase in the Consumer Price Index over the same time period,” the co-op said. “This stands in stark contrast to the overall energy market in which prices have decreased significantly over the same period.”More: Colorado co-op seeks exit from coal-heavy Tri-State to pursue renewables Colorado distribution co-op wants out of coal-heavy power supply contractslast_img

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