Texas power market ranked first in North America
TEXAS - TexasÂ’ oft-criticized deregulated electricity market rated first among competitive electric markets in North America in both the residential and commercial/industrial sectors, in a study done by The Energy Retailer Research Consortium.
Texas ranked excellent in both categories. New York was the only other state cited as excellent in either sector, drawing that rating for residential.
The study surveyed 14 U.S. states, the District of Columbia and two Canadian provinces. Ratings were based on how effectively states implemented a competitive electric market giving consumers a choice of retail electric providers.
The consortium describes itself as "an independent research consortium that supports retail energy choice" and says it is "comprised of companies with a stake in competitive retail energy markets."
TexasÂ’ deregulated market has been heavily criticized by some consumer groups, but that has waned somewhat this year with lower natural gas prices driving down electric rates.
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Quebec premier inaugurates La Romaine hydroelectric complex
MONTREAL - Quebec Premier François Legault has inaugurated the la Romaine hydroelectric complex on the province's North Shore.
The newly inaugurated Romaine hydroelectric complex could serve as a model for future projects that are sorely needed in the province, Legault said.
"It brings me a lot of pride. It is truly the symbol of Quebec ingenuity," he said as he opened the vast power plant.
Legault was accompanied at today's event by Jean Charest, who was Quebec premier when construction began in 2009, as well as Hydro-Québec president and CEO Michael Sabia.
La Romaine is comprised of four power stations and is the largest…
