Allegheny to accelerate power procurement schedule
PENNSYLVANIA - Allegheny Power, the electricity delivery unit of Allegheny Energy, Inc. AYE, announced that the Pennsylvania Public Utility Commission has approved the companyÂ’s request to accelerate its power procurement schedule for residential customers.
The change will move the companyÂ’s first power auction from June 2009 to April 2009, as well as expand the amount purchased in June. The accelerated schedule is expected to benefit residential customers by taking advantage of recent declines in the market price of power.
The April auction will be the first in a series to procure power over a multi-year period for AlleghenyÂ’s Pennsylvania customers for the period beyond December 31, 2010, when generation rate caps expire. The multiple auctions are designed to protect customers against over-exposure to market conditions at any single point in time, much like a dollar cost-averaging strategy to investing.
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BC Hydro to begin reporting COVID-19 updates at Site C
VANCOUVER - BC Hydro says it will begin giving regular updates to the public and the Peace River Regional District about its monitoring of the coronavirus COVID-19 at Site C.
BC Hydro met with the Peace River Regional District Sunday via phone call to discuss the forthcoming measures.
"We did a make a commitment to provide regular updates to Peace River Regional District member communities on an ongoing basis," said spokesman Dave Conway.
"(It's) certainly one of the things that we heard that they want and we heard that strongly and repeatedly."
Conway said updates could be posted as early as Monday on BC…
