Nevada regulators to use stimulus to hire staff
NEVADA - Nevada utility regulators plan to use about $800,000 in federal stimulus funds for employee training and to add two new staff members to focus on renewable energy.
A Public Utilities Commission of Nevada official said the American Recovery and Reinvestment Act funds will help manage an increasing demands for oversight of renewable energy, transmission and distribution, energy efficiency and smart grid technology.
PUC executive Crystal Jackson says the commission expects recent activity in those areas to increase in coming years.
Jackson says that in addition to educational outreach and regulation, the commission is expected to provide testimony and advice on developing renewable energy and infrastructure, inspect generators, and track and verify customer energy credits.
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NEW Hydro One shares down after Ontario government says CEO, board out
TORONTO - Hydro One Ltd. shares slid Thursday with some analysts sounding warnings of greater uncertainty after the new Ontario government announced the retirement of the electrical utility's chief executive and the replacement of its board of directors.
After sagging by almost eight per cent in early trading on the Toronto Stock Exchange, shares of the company were later down four per cent, or 81 cents, at $19.36 as of 11:42 a.m. ET.
On Wednesday, after stock markets had closed for the day, Ontario Premier Doug Ford announced the immediate retirement of Hydro One CEO Mayo Schmidt. He leaves with a $400,000…
