Duke Energy Ohio issues request for new supplies
Under the request, Duke Energy Ohio is seeking either purchased power agreements of 30 years or asset ownership proposals for generation resources that will be dedicated to serve its Ohio customers under the new Ohio energy law signed by Gov. Ted Strickland on May 1.
"Our generation resource plan indicates a need for peaking and intermediate electric supplies to meet our customers' energy demands," said Sandra Meyer, president of Duke Energy Ohio. "While we recently issued a separate request for proposals for renewable energy supplies, the new request recognizes the need for obtaining long-term traditional supply that is currently provided under short-term arrangements."
Duke Energy Ohio will give preference to assets located in the Midwest Independent System Operator (MISO) footprint or which are currently deliverable to MISO. The request for proposals also specifies that bids must be of a minimum block of 50 megawatts.
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EDF and France reach deal on electricity prices-source
PARIS - State-controlled power group EDF and the French government have reached a tentative deal on future nuclear power prices, a source close to the government said on Monday, ending months of tense negotiations.
The two sides agreed on 70 euros per megawatt hour (MWH) as a reference level for power prices, the source said, cautioning that details of the deal are still being finalised.
The negotiations aimed to find a compromise between EDF, which is eager to maximise revenues to fund investments, and the government, keen to keep electricity bills for French households and businesses as low as possible.
EDF declined to…
