A historic day: a new Class A member system, Corn Belt Power Cooperative, joins the Basin Electric family and gains a board seat as District 11.
Dakota Gasification Company - August 14, 2009
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Basin Electric President Wayne Child (left), and Corn Belt |
“Today we took a step to further the organization of Basin Electric,” said Ron Harper, Basin Electric CEO and general manager, following the approval of the membership.
According to Ken Kuyper, Corn Belt executive vice president and general manager, the boards and staff of both Basin Electric and Corn Belt worked a lot of hours conducting studies, building models and finalizing contracts for Corn Belt
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Ken Kuyper |
Basin Electric’s relationship with Corn Belt began in 1998 when it became a Class D member of Basin Electric represented through District 9. A few years later – 2004 – Basin Electric and Corn Belt partnered on the construction of the Earl F. Wisdom Generating Station Unit 2, a peaking station located near Spencer, Iowa. Then, in 2006, Basin Electric directors approved a 50-megawatt long-term member contract with Corn Belt. Today, the generation and transmission cooperative is Basin Electric’s newest Class A member. Corn Belt provides electricity to 11 member distribution electric cooperatives and one municipal electric cooperative in 41 counties in northern Iowa.
Immediately following the special membership meeting, Corn Belt’s Board President Don Feldman and Basin Electric’s President Wayne Child signed the contracts for power supply, power purchases, scheduling and transmission lease arrangements. The contracts are effective September 1, 2009. Beginning with the September meeting, instead of 10 directors at the Basin Electric board table, there will be 11.
To see Corn Belt's service territory, view the Basin Electric service territory map.
Basin Electric is a consumer-owned, regional cooperative headquartered in Bismarck, N.D. It generates and transmits electricity to 125 member rural electric systems in nine states: Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota, and Wyoming. These member systems distribute electricity to about 2.6 million consumers.
Basin Electric’s generating resources include: two coal-based power plants in North Dakota – the Antelope Valley Station, Beulah, and the Leland Olds Station, Stanton; a coal-based power plant in Wyoming – the Laramie River Station, Wheatland; three peaking stations – the Spirit Mound Station, Vermillion, S.D., the Groton Generation Station Groton, S.D., and the Wisdom Unit 2 Station, Spencer, Iowa; nine combustion-turbine generators (natural gas) in the Gillette, Wyo., area; four wind turbines – two near Minot, N.D., and two near Chamberlain, S.D.; the energy produced from six baseload waste-heat stations owned and operated by Ormat Technologies Inc. along the Northern Border Pipeline; and the output of three wind farms owned and operated by NextEra Energy Resources, Juno Beach, Fla. The wind farms are located near Wilton and Edgeley/Kulm, N.D.; the other is near Highmore, S.D. For more information, go to www.basinelectric.com.
Note: Basin Electric is part of a three-tier delivery system. Basin Electric sells wholesale power to Class A members. The Class A members sell power to their distribution cooperatives (Basin Electric classifies distribution cooperatives as Class C members) who, in turn, sell power to retail customers. There are also special membership categories entitled Class B and Class D.
