Old Dominion Electric Cooperative
| Company type | Cooperative |
|---|---|
| Industry | Electric generation and transmission |
| Founded | 1948 |
| Headquarters | Glen Allen, Virginia , United States |
Area served | Virginia, Maryland, Delaware |
Key people | Marcus Harris (President and CEO) |
| Products | Electricity generation and transmission |
| Website | www |
Old Dominion Electric Cooperative (ODEC) operates as an electric generation and transmission cooperative based in Glen Allen, Virginia. It provides wholesale electricity to 11 member electric cooperatives located throughout Virginia, Maryland, and Delaware. The cooperative’s power generation resources comprise coal, fuel oil, natural gas, and nuclear energy.
Marcus Harris was named president and CEO on February 23, 2018. Prior to this role, he was executive vice president and CEO at Kansas Electric Power Cooperative.
About
ODEC supplies wholesale electricity to a network of 11 member cooperatives that predominantly serve rural, suburban, and recreational communities within Virginia, Maryland, and Delaware. In 2008, the cooperative delivered more than 11 million megawatt hours, reaching approximately 1.4 million customers through its members.
The cooperative’s energy portfolio is diversified and includes an 11.6% ownership interest in the North Anna Nuclear Generating Station located in Virginia. In 2007, ODEC voiced opposition to the proposed carbon emission restrictions under the U.S. Carbon Cap-and-Trade Program. By 2009, it had put forward plans to develop a coal-fired power facility in Dendron, Virginia, aimed at meeting increasing demand in rural areas. Additionally, in 2010, ODEC entered into a 20-year agreement to purchase electricity from the Criterion Wind Project, thereby enhancing its renewable energy assets.
Northern Virginia Electric Cooperative terminated its affiliation with ODEC as of December 31, 2008.
TEC Trading operates as a Class B member owned by ODEC’s cooperatives and is responsible for marketing surplus power.
Members
- A&N Electric Cooperative
- BARC Electric Cooperative
- Choptank Electric Cooperative
- Community Electric Cooperative
- Delaware Electric Cooperative
- Mecklenburg Electric Cooperative
- Northern Neck Electric Cooperative
- Prince George Electric Cooperative
- Rappahannock Electric Cooperative
- Shenandoah Valley Electric Cooperative
- Southside Electric Cooperative
Further reading and recent news
"Surry Board of Supervisor approves controversial coal plant" Daily Press, Feb. 5, 2010 [1]
"Surry power plant now faces last local hurdle" Daily Press, Feb. 2, 2010 [2]
"Facing objections, company eyes second power plant site" The Virginian-Pilot, Jan. 31, 2010 [3]
"Consider power plant from regional perspective" Tidewater News, Jan. 30, 2010 [4]
"IOW wants more information on proposed coal plant" Tidewater News, Jan. 23, 2010 [5]
"Surry Coal Plant Pros and Cons" Richmond Times Dispatch, May 17, 2009 [6]
"Proposed coal plant clears another hurdle" Daily Press, Dec. 16, 2009 [7]
"Virginia's Energy Future-Energy on land" HearSay with Cathy Lewis, WHRV FM, Feb. 26, 2010