Behind the Lens Helping Co-Ops Produce Live Annual Meetings
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SUMMER 2021 | Vol. 44, No. 6-8 ENERGYLINES BEHIND THE LENS HELPING CO-OPS PRODUCE LIVE ANNUAL MEETINGS ELECTRIFY INDIANA RESILIENT UPGRADES Register to learn how the How a multi-year, 1,600-mile project +state is electrifying its is helping strengthen the grid economy, consumers MAKING A DIFFERENCE EDUCATE + INFORM TOGETHER Information produced to Co-ops adapt through shared principles that honor teamwork, help consumers navigate collaboration solar sales market NEWS BRIEFLY ENVIRONMENTAL NEWS 19.9% INDIANA PROPOSAL Duke Energy has proposed selling 19.9 percent of Indiana operations to help the Investor Owned Utility avoid selling debt or issuing stock. Duke Energy seeks partial sale of HE Photo MATERIAL HANDLING: The coal pile at the Merom Generating Station. Purdue University Indiana operations researchers have developed a technology to purify coal ash without solvents. Duke Energy is looking to raise billions PROCESS OF EXTRACTING RARE EARTH of dollars by selling partial ownership in ELEMENTS FROM COAL ASH IMPROVED Indiana operations for $2.05 billion to GIC Private Ltd., a fund established by the A Purdue University professor and her research team have licensed government of Singapore, according to the technology to separate and purify rare earth elements (REE) found in coal ash without the use of solvents, according to the Indiana Environmental Reporter. Indianapolis Business Journal (IBJ). The new technology uses chromatography techniques to separate REEs from Through the proposal, Duke Energy other impurities and then from each other. Chromatography is the process of would sell 19.9 percent of Indiana separating a mixture using a solution or vapor. This technology could help the U.S. enter the $4 billion REE production operations. The deal would help the North market in an environment-friendly way, according to Purdue University. Carolina-based utility avoid selling debt or With about 1.5 billion tons of coal ash being stored in the U.S., the material issuing more stock. could produce REEs for decades. The research conducted at Purdue is at The utility states this deal would boost laboratory scale and more work is needed to show how it can be used at a larger scale. its $60 billion, five-year clean-energy capital projects across all U.S. operations, according to IBJ. INDUSTRY NEWS ON THE COVER Such a purchase would be reviewed by Agency approves $8 billion Hoosier Energy video the Federal Energy Regulatory Commission to fund power grid upgrades producers have been and the Committee on Foreign Investment helping members in the United States. The Biden administration implemented produce live annual Duke Energy Indiana is headquartered $8 billion of Energy Department financing for meetings. Chris high-voltage transmission lines. The expansion Johnson is shown in Plainfield, Ind., and serves 840,000 of these lines are to boost low-carbon energy behind the camera. consumers with a 2020 operating revenue supply by connecting wind and solar sites to of $2.8 billion. areas of population, according to the Wall Street Journal (WSJ). The agency has specifically requested loan applications for transmission projects that transport direct current and sites located along railroad and highways, according to the WSJ. FIND US ONLINE This includes rights-of-way guidance from the To subscribe or to read back Transportation Department to help the expansion issues, visit HoosierEnergy.com/ of the grid and associated infrastructure. EL news/energylines 1 EnergyLines | Summer 2021 NEWS BRIEFLY INDUSTRY NEWS Volkswagen committee awards $5.5 million to add Priorities up to 60 charging stations across Indiana The Indiana Volkswagen Environmental EV charging stations to help meet Indiana’s Mitigation Trust Program Committee future transportation needs as more auto approved $5.535 million in funding to the manufacturers offer EV choices. Having Indiana Utility Group to install up to 60 a network of DC fast charging stations direct current (DC) fast electric vehicle (EV) that can charge some EVs in as little as charging stations across Indiana. 20 minutes allows Indiana consumers to The Indiana Utility Group is made up consider the environmental benefits of of eight Indiana utilities including: Hoosier purchasing an electric vehicle. The charging Energy, Duke Energy Indiana; Indiana stations will help Indiana continue to be Michigan Power; AES Indiana; Northern a leader in meeting transportation needs Indiana Public Service Co.; Vectren; of Hoosiers and visitors as they travel Wabash Valley Power Alliance; and throughout the state. Crawfordsville Electric Light & Power. Strategic While the plans are in their early stages, ONLINEEXTRA the committee is excited to fund DC Fast >> Updates available at: idem.IN.gov/vwtrust Eight ways Hoosier Energy INDUSTRY NEWS works to succeed Petroleum companies pivot toward renewable energy These are the strategic Renewable energy is seeing a boom and oil companies are investing in these resources. priorities that the Hoosier From Royal Dutch Shell to BP, petroleum producers are building wind and solar projects Energy workforce strives to supply electricity to corporations including Amazon and Microsoft according to the Wall to achieve every day. Street Journal (WSJ). The global reach that oil companies have can give them an advantage as companies EMERGING look to diversify how they source power for their operations. Corporate power-purchase TECHNOLOGIES agreements remain a small piece of the renewable energy pie today but interest is growing at a rapid pace. Companies purchased a record 25 gigawatts of renewable energy last year, up 25 MEMBER FOCUS percent from the previous year according to the WSJ. RISK INDUSTRY NEWS MANAGEMENT Idled power plants get new life powering bitcoin mining A new trend is taking place across the GOVERNANCE country – cryptocurrency investors are funding power generation, according to a Wall Street Journal (WSJ) report. COMPETITIVE RATES The computer networks used to mine cryptocurrencies require a lot of energy to solve complex computational math COST MANAGEMENT AND PERFORMANCE problems that help verify the accuracy of Bitcoin transactions. This is how companies can earn cryptocurrency, or digital cash, SUPPLY without having to pay for it. PORTFOLIO A Nasdaq-listed bitcoin miner called Marathon Digital Holdings Inc. partnered is looking to produce 55 Bitcoins a day by OPERATIONAL with a coal-fired generation station last 2022, according to the WSJ. EXCELLENCE year to power its network. With 100 MW of As of July 20, the price of one Bitcoin power capacity planned, Marathon Digital was $29,951. 2 EnergyLines | Summer 2021 BEHIND THE LENS VIRTUAL ANNUAL MEETINGS GET A BOOST “If you have bad sound, it’s a dead THROUGH PROFESSIONAL VIDEO PRODUCTIONS giveaway that We’re live in five, four, three, two, is such an important part of executing one… a great event. With clear direction and the video is not With cameras rolling, co-op annual coordination among everyone involved, professionally meetings are taking place live on virtual events are proving to be effective. Facebook as co-ops work to meet safety produced, and when protocols. Co-ops helping co-ops the sound is so bad, To assist with these events, Hoosier Energy’s Communications and At Whitewater Valley REMC, it can detract from Technology Support Service departments Sandy Cason and Jennifer Scott the content of the have teamed up to provide audio and led the coordination for this year’s video support for members. virtual meeting. They wanted to make video itself. That’s Virtual meetings consist of two improvements and they reached out to where we can help.” distinct video methods. Segments can Hoosier Energy for help. be pre-recorded or they can take place Video Producers Chris Johnson and BEN TURNER live. Often a blend of both are used. No Ben Turner showed Cason the methods matter the process implemented, there available and she decided to use both. Video Producer are a lot of moving pieces that take place The co-op meeting had live segments behind the scenes. That is why planning with Secretary/Treasurer Jodie Creek 3 EnergyLines | Summer 2021 TESTING BEFORE GOING LIVE: At left, Mary Jo Thomas, Whitewater Valley REMC CEO, stands at a podium to test audio and video quality before going live for their annual meeting. Second from left to right: Zach Horstman of Hoosier Energy captures the audio and video feed for use on Facebook while Jennifer Scott looks on. Sandy Cason uses a laptop to respond to member-consumers as they post comments on social media channels. microphones all help improve the experience. With a combined 40 years of experience, Johnson and Turner know what it takes to produce content that looks and sounds great. When setting up for a shoot, they focus on proper lighting and camera exposures. They have a variety of microphones in their BEHIND THE LENS arsenal to capture clear, noise-free audio and they always frame shots updating members on meeting bylaws “We were able to integrate the to make their subjects look great. and stating a quorum had been met, pre-recorded segments in such a way Turner boiled things down to one and the cooperative’s attorney, Amber that the meeting played as if it were element that can make or break a Orozco, updated members on director a continuous live broadcast,” said video. election results. Johnson. “If you have bad sound, it’s a dead giveaway that the video is not For some co-ops, segments of their “I was amazed how everything was professionally produced, and when the annual meeting conducted live meet put together – it was seamless,” said sound is so bad, it can detract from the legal requirements for the election Cason. content of the video itself. That’s where process. Some co-ops have amended Member-consumers were we can help,” said Turner. bylaw to accommodate the ways commenting during the Facebook At Whitewater Valley REMC, their meetings take place in a virtual setting.