Obama calls on Congress to pass energy bill
WASHINGTON, D.C. - President Barack Obama is calling on Congress to pass a comprehensive energy and climate bill that will make energy a profitable industry for the United States.
In his first State of the Union address, Obama said no area of the economy is more ripe for innovation than the energy sector. Obama applauded the House for passing an energy bill last year, and he urged lawmakers in the Senate to do the same.
The president says the U.S. needs more production, efficiency and incentives to create clean energy jobs. He told lawmakers that if America can lead the clean energy economy, it will be the nation that leads the global economy.
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Ontario's electricity operator kept quiet about phantom demand that cost customers millions
TORONTO - For almost a year, the operator of Ontario’s electricity system erroneously counted enough phantom demand to power a small city, causing prices to spike and hundreds of millions of dollars in extra charges to consumers, according to the provincial energy regulator.
The Independent Electricity System Operator (IESO) also failed to tell anyone about the error once it noticed and fixed it.
The error likely added between $450 million and $560 million to hourly rates and other charges before it was fixed in April 2017, according to a report released this month by the Ontario Energy Board’s Market Surveillance Panel.
It did…