Ottawa pledges $71 million for Yukon power dam
WHITEHORSE, YUKON - Prime Minister Stephen Harper, wrapping up a week-long tour of CanadaÂ’s North, visited a hydroelectric dam near here where federal funding will boost the damÂ’s ability to produce clean hydroelectricity, displacing diesel-fueled power sources in the Yukon.
Mr. Harper and Yukon Premier Dennis Fentie signed a contribution agreement for the Mayo B hydro power plant, a $160-million project that is expected to be complete by 2013. The federal government will contribute $71-million to the project.
The federal government says the addition of the new power plant at the Mayo dam will help the Yukon reduce its dependency on diesel fuel for electricity and cut greenhouse has emissions by 50% from current levels.
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Major U.S. utilities spending more on electricity delivery, less on power production
WASHINGTON - Over the past decade, major utilities in the United States have been spending more on delivering electricity to customers and less on producing that electricity.
After adjusting for inflation, major utilities spent 2.6 cents per kilowatthour (kWh) on electricity delivery in 2010, using 2020 dollars. In comparison, spending on delivery was 65% higher in 2020 at 4.3 cents/kWh. Conversely, utility spending on power production decreased from 6.8 cents/kWh in 2010 (using 2020 dollars) to 4.6 cents/kWh in 2020.
Utility spending on electricity delivery includes the money spent to build, operate, and maintain the electric wires, poles, towers, and meters that…
