Report: Electric cooperatives are big business

A WAPA customer appeared on a list of the 300 largest cooperatives and mutual organizations in the world, released by the International Cooperative Alliance You are leaving WAPA.gov. (ICA) during the International Summit of Cooperatives in Quebec, Canada, Oct. 11-13.wcm20162001

According to the 2016 World Cooperative Monitor, You are leaving WAPA.gov. Basin Electric Power Cooperative You are leaving WAPA.gov. ranked 215th with $2.25 billion in revenue—which the report calls “turnover”—up 14 places from last year. Two more WAPA customers, Tri-State Generation and Transmission Association You are leaving WAPA.gov. and Great River Energy, You are leaving WAPA.gov. appeared among the Top 20 in the industry and utility category, with $1.4 billion and $1.2 billion in turnover respectively. Within the overall study, U.S. electric co-ops dominated the industry and utilities category with 11 organizations in the Top 20.

From a global perspective, however, energy cooperatives represent only a small portion of the organizations built on the cooperative business model. Insurance and agricultural/food groups comprise 64 percent of all co-ops with revenues of $100 million or more, topping all categories. The 2016 edition of the monitor is based on information submitted by 2,370 cooperatives from 63 countries.

Even so, electric cooperatives are a big business in the US, owning and maintaining 42 percent of the nation’s electrical distribution lines, generating 5 percent of its electricity and employing 72,000 people. Such figures support the ICA’s vision of cooperative organizations creating jobs, empowering citizens and building communities. That is a pretty good description of WAPA customers, if we do say so ourselves.

The World Cooperative Monitor collects and analyzes data on the world’s largest co-operative and mutual organizations and other enterprises controlled by co-operatives. The International Cooperative Alliance produced the report in conjunction with the European Research Institute on Cooperative and Social Enterprises.

Source: America’s Electric Cooperatives, 10/17/16

SEPA report finds 100% increase in utility integrated solar power

According to the Solar Electric Power Association’s (SEPA) 2010 Top 10 Utility Solar Rankings report, the top ranked utilities integrated 561 MW of solar electricity in 2010, showing 100 percent growth over one year. 

Utilities were scored in two areas: Solar megawatts installed in 2010 and solar watts per customer. Tri-State Generation and Transmission Association was the only Western customer to appear in the first category, acquiring 30.2 MW of new solar power last year. In the second category, Western customer Silicon Valley Power in California ranked first nationally with nearly 40 watts-per-customer. The City of Banning, also in California, moved into the Top 10 by providing more than 27 watts of solar generation per customer. 

The report indicated that market growth is increasingly occurring in areas outside of the solar resource-rich regions of California and the Southwest. Another emerging trend the report identified is the move toward more utility-owned solar projects and third-party power purchase agreements, like Tri-State’s purchase from the Cimarron Solar Facility in New Mexico.

While 30 utilities reported owning 140 MW of solar—a 300 percent increase in utility ownership over 2009—utility solar portfolios differed widely in solar project technologies and procurement strategies. Factors such as state policies, utility preference, solar resources, electricity prices and available incentives influence the make-up of the top 10 power providers’ solar holdings. In California, for example, interconnected customer systems continue to supply a significant amount of solar power for municipal utilities like Silicon Valley and City of Banning.

SEPA is holding a webinar June 23 to discuss the report and talk about how utilities are integrating solar power into their energy portfolios, how the solar market has changed and new market trends. The one-hour event will take place 11 a.m. Pacific/2 p.m. Eastern. The cost is free to SEPA members and the media. Register online.