Why doesn’t NCEMC buy more power instead of building a power plant?
NCEMC examined power purchases and other energy acquisitions and determined that constructing small peak-load plants would be in the best long-term interest for its members. In 2003, NCEMC underwent an exhaustive request for proposal process for 900 MW of peak-load power. More than 68 proposals from 33 energy suppliers were examined. After intense negotiations and study, the NCEMC board of directors determined construction of peak-load plants would best serve the long term energy needs of North Carolinians served by the state’s electric cooperatives.
