Ottawa pledges $71 million for Yukon power dam
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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Buyer's Remorse: Questions about grid modernization affordability
WASHINGTON - Utilities’ pursuit of a modern grid to maintain the reliability and safety pillars of electricity delivery has raised a lot of questions about the third pillar — affordability.
Utilities are seeing rising penetrations of emerging technologies like distributed solar, behind-the-meter battery storage, and electric vehicles. These new distributed energy resources (DER) do not eliminate utilities' need to keep distribution systems safe and reliable.
But the need for modern tools to manage DER imposes costs on utilities that some regulators, lawmakers and policymakers are concerned could drive up electricity rates.
The result is an increasing number of legislative and regulatory grid modernization…
