Allegheny, Alliance rewrite coal deal
DENVER, COLORADO - Electric utility Allegheny Energy has modified a coal mine development and supply deal.
Greensburg, Pennsylvania-based Allegheny, which has operations in Virginia and West Virginia, says the changes give it a more secure supply of coal while Tulsa, Okla.-based mine operator Alliance Resource Partners gains flexibility.
Under the new terms, Alliance will supply 20 million tons of coal between 2010 and 2020 from several sources, including Illinois.
Alliance will keep leasing reserves in Washington County, Penn., from Allegheny as it seeks mining permits. Allegheny would receive royalty payments when production begins.
The original agreement, signed in 2005, allowed Alliance to seek the permits and Allegheny to buy up to 2 million tons annually once the mine opened.
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BC Hydro: 2021 was a record-breaking year for electricity demand
VANCOUVER - From June’s heat dome to December’s extreme cold, 2021 was a record-setting year, according to BC Hydro.
On Friday, the energy company released a new report on electricity demand, and how extreme temperatures over extended periods of time led to record peak loads.
“We use peak loads to describe the electricity demand in the province during the highest load hour of each day,” Kyle Donaldson, BC Hydro spokesperson, said in a media release.
“With the heat dome in the summer and the sustained cold temperatures in December, we saw more record-breaking hours on more days last year than any other single…
