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November 21, 2024
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FERC Rejects Basin Electric Proposal for Crypto Rates
Commission ‘Sympathetic’ but Says Basin Failed to Justify Proposal
Basin Electric Power Cooperative headquarters in Bismarck, N.D.
Basin Electric Power Cooperative headquarters in Bismarck, N.D. | Basin Electric Power Cooperative
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FERC rejected without prejudice Basin Electric’s proposed cryptocurrency and large load rate schedules, saying it had not demonstrated that such loads pose a greater stranded asset risk.
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