No cash for blacked-out businesses: BC Hydro
VANCOUVER, BRITISH COLUMBIA - BC Hydro president Bob Elton said the utility has no plans to compensate downtown businesses for money they lost during the recent massive power failure - an amount one business group estimates at $36 million.
Related News
America Going Electric: Dollars And Sense
SAN FRANCISCO - $370 billion: That’s the investment Edison International CEO Pedro Pizarro says is needed for California’s power grid to meet the state’s “net zero” goal for CO2 emissions by 2045.
Getting there will require replacing fossil fuels with electricity in transportation, HVAC systems for buildings and industrial processes. Combined with population growth and data demand potentially augmented by artificial intelligence, that adds up to an 82 percent increase electricity demand over 22 years, or 3 percent annually.
California’s plans also call for phasing out fossil fuel generation in the state. And presumably, its last nuclear plant—PG&E Corp’s (PCG) Diablo Canyon—will…
