Basin Electric Power Cooperative said April 2 that its projected generation statistics for 2015 end of year (EOY) are now posted online, and show continued increase in natural gas and renewable generation.
Basin Electric’s total winter season generation capacity portfolio by 2015 EOY will be 5,744 MW. Of that total, about 55%, or 3,154 MW, is coal-based generation. Natural gas peaking generation projections climbed to more than 1,026 MW, or almost 18% of the cooperative’s generation portfolio, while projections for renewable forms of generation climbed to more than 1,000 MW, or about 17.5% of the cooperative’s total energy mix.
At the close of 2014, coal-based generation equaled about 58% of Basin Electric’s total energy portfolio mix, natural gas peaking generation was less than 1,000 MW, and renewable forms of generation equaled about 14% of Basin Electric’s total energy mix.
Basin Electric’s load forecast shows member requirements will increase between 2,171 MW and 2,658 MW over the forecast period of 2014-2035. Dave Raatz, Basin Electric’s vice president of Cooperative Planning, said the financial forecast shows the cooperative will be investing more than $2.8 billion in generation and transmission assets over the next 10 years.
Basin Electric owns generation in North Dakota, South Dakota, Wyoming, Montana, and Iowa, and also purchases power from facilities in Minnesota, Colorado and Nebraska.
Coming up for Basin Electric in terms of committed power projects:
- Lonesome Creek Station, North Dakota, 80 MW (summer), Phase III completed in June 2016;
- Pioneer Generation Station, North Dakota, 112 MW (summer), Phase III completed in June 2016; and
- Lindahl Wind, North Dakota, 150 MW (summer), completed December 2016, developer is Tradewinds.