Minnesota Signs Deal With Manitoba Hydro
WINNIPEG -- - The Minnesota Public Utilities Commission has unanimously approved a $1.7 billion power export deal with Manitoba Hydro.
It allows Minneapolis-based Xcel Energy to import power from Manitoba Hydro, despite the objections of aboriginal groups.
The 500-megawatt, 10-year deal was given the go-ahead.
It's an extension of an existing deal and will allow power to be exported until 2015.
Approval by Canada's National Energy Board is pending.
The Minnesota decision is a blow to the Pimicikamak Cree Nation of Cross Lake, Manitoba. They had asked the commission to first call a formal hearing into the social and economic impact of historic hydro development on their homeland.
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Ottawa making electricity more expensive for Albertans
CALGARY - Alberta Electricity Price Surge reflects soaring wholesale rates, natural gas spikes, carbon tax pressures, and grid decarbonization challenges amid cold-weather demand, constrained supply, and Europe-style energy crisis impacts across the province.
Key Points
An exceptional jump in Alberta's power costs driven by gas price spikes, high demand, policy costs, and tight supply.
✅ Wholesale prices averaged $123/MWh in December
✅ Gas costs surged; supply constraints and outages
✅ Carbon tax and decarbonization policies raised costs
Albertans just endured the highest electricity prices in 21 years. Wholesale prices averaged $123 per megawatt-hour in December, more than triple…
