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.
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Australian operator warns of reduced power reserves
Adelaide - Australia’s electricity operator has warned of a shortfall in generation and reduced power reserves on the horizon.
The Australian Energy Market Operator (AEMO) has called for further investment in the country’s energy portfolio as retiring coal plants are replaced by intermittent renewables, leaving the grid with less back-up capacity.
AEMO has said this increases the chances of supply interruption and load shedding.
It added the federal government should target 1GW of strategic reserves in the states most at risk – Victoria and South Australia.
CEO of the Clean Energy Council, Kane Thornton, said the shortfall in generation was due a decade of…
