Siemens wins billion-dollar wind power orders
BERLIN, GERMANY - Germany's Siemens said it has won two orders in the United States and Canada to supply wind turbines that experts said were worth around 800 million euros US $1.1 billion.
Siemens will supply wind turbines capable of producing 600 megawatts of electricity, enough for 240,000 households, in Ontario. It will also provide 98 turbines for an Oklahoma wind farm, enough for 227 megawatts.
Market prices for land-based wind turbines are around one million euros per megawatt, meaning the orders are worth around 800 million euros for Siemens, industry specialists said.
"North America is a very important market for wind power," said Rene Umlauft, head of Siemens' Renewable Energy division.
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Recommendations from BC Hydro review to keep electricity affordable
VANCOUVER - The Province and BC Hydro have released recommendations from Phase 2 of the BC Hydro Review to keep rates affordable and encourage greater use of clean, renewable electricity to reduce emissions and achieve climate targets.
“Keeping life affordable for people is a key priority of our government,” said Bruce Ralston, Minister of Energy, Mines and Low Carbon Innovation. “Affordable electricity rates not only help British Columbians, they help ensure the price of electricity remains competitive with other forms of energy, supporting the transition away from fossil fuels to clean electricity in our homes and buildings, vehicles and businesses.”
While affordable…
