Edison buys GamesaÂ’s 26 MW wind park
CALABRIA, ITALY - Italy's second-biggest power utility Edison has bought a 26-megawatt wind park in southern Italy from Spain's Gamesa Energia SA as it aims to boost its green energy clout, Edison said.
Edison did not say how much it paid for 100 percent of the San Francesco wind park in Calabria which generates about 46 gigawatt hours of electricity a year, enough to meet demand of more than 18,000 households.
Edison operates 2,100 MW of renewable energy capacity, including 400 MW of wind parks. Edison aims to boost installed wind capacity in Italy to 440-450 MW in 2010-2012 and also grow in wind energy in Romania and Greece, it said.
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Lump sum credit on electricity bills as soon as July
ST JOHNS - Most people who pay electricity bills will get a one-time credit as early as July.
The provincial government on Thursday outlined a new directive to the Public Utilities Board to provide a one-time credit for customers whose electricity rates are affected by the price of oil.
Electricity customers who are not a part of the Labrador interconnected system, including those using diesel on the north coast of Labrador, will receive the credit.
The credit, announced at a press conference Thursday morning, will come from the rate stabilization fund, which has an estimated surplus of about $50 million because low oil…
