Report: TXU Manipulated Power Market
DALLAS - - TXU Corp. manipulated the Texas electric market in 2005, costing consumers $70 million and giving the utility $20 million in extra profits, according to an outside expert whose report was released by state regulators Monday.
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Time running out for Ontario to formally request Pickering nuclear power station extension
TORONTO - Ontario’s electricity generator has yet to file an official application to extend the life of the Pickering nuclear power plant, more than eight months after the Ford government announced it planned to give the plant a longer life.
As the province faces an electricity capacity crunch in 2025 and beyond, the Ford government scrambled to prolong the Pickering power plant until September 2026, in order to guarantee a steady supply of power as the province experiences a rise in demand and shutdowns at other nuclear power plants.
The extension may come down to the wire, however, as the Canadian Nuclear…
