Venezuela to spend $15 billion on energy
Energy Minister Ali Rodriguez said the projects will add 15,000 megawatts by 2015.
Venezuela imposed power and water rationing in December because a severe drought is threatening to drop water levels behind the important Guri Dam to critical lows. The dam supplies most of the country's electricity.
Critics have accused President Hugo Chavez of failing to invest enough in electrical projects to meet growing demand.
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B.C. government freezes provincial electricity rates
VICTORIA - British Columbia's NDP government has announced it will freeze BC Hydro rates effective immediately, fulfilling a key election promise.
Energy, Mines and Petroleum Resources Minister Michelle Mungall says hydro rates have gone up by more than 24 per cent in the last four years and by more than 70 per cent since 2001.
"After years of escalating electricity costs, British Columbians deserve a break on their bills," Mungall said in a news release.
BC Hydro had been approved by the B.C. Utilities Commission to increase the rate by three per cent next year, but Mungall said it will pull back its…
