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In May 2019, as Democrats in the Colorado General Assembly advanced a bill launching the state’s efforts to ensure a “just transition” for coal workers impacted by the shift to clean energy, Republicans were incensed. In a tense, late-night floor debate over House Bill 19-1314, which created a new Office of Just Transition in the state’s labor department, Senate Republicans called the legislation “laughable” and “offensive.” It was an “insulting and egregious bill.” Senator Bob Gardner, a Republican from El Paso County, advised Democratic lawmakers traveling to the communities impacted by the bill to “leave town pretty quickly,” because “your welcome might be pretty short.” ....
Allen Best / Big Pivots Conceptual work has begun on a pumped-storage hydro project along the Yampa River five miles east of Craig. The project was conceived to provide electricity to assist Colorado utilities in balancing the intermittency of wind and solar generation as they advance toward 100% renewable portfolios during the coming decade. In pumped-storage hydro, water is released from a higher reservoir to produce electricity when needed most. The water in the lower reservoir is then pumped uphill to the higher reservoir when electricity has become more readily available. Colorado has two existing pumped-storage hydro projects. Cabin Creek Generating Station, between Georgetown and Guanella Pass, harnesses a 1,200-foot vertical drop to produce up to 324 megawatts of electricity. Completed in 1967 and operated by Xcel Energy, it serves as effectively a giant battery with a four-hour life, the same as a humongous bank of Tesla batteries. ....
Photo courtesy of Tri-State Generation & Transmission Association It’s been a busy last few weeks for Tri-State Generation and Transmission, and that continued late Thursday, Dec. 3 when the cooperative’s board of directors announced that they’d be returning $30 million in patronage capital refunds for 2020 to its members, pushing the five-year refund total to more than $130 million. Patronage capital represents each member’s ownership and investment in Tri-State, and is an accumulation over the years of the net margins earned by and allocated to those members, Tri-State said. “The return of patronage capital truly represents the strength of the cooperative business model and the benefits of belonging to Tri-State. This refund provides a significant return of investment and inflow of cash for our members, strengthening their balance sheets and contributing to their overall financial strength,” said Rick Gordon, chair of the Tri-State board and director of ....