Work on Carter Lake plant to start in fall
BERTHOUD, COLORADO - Construction is set to start this fall on a hydropower facility on Carter Lake in northeast Colorado.
The Greeley Tribune reported that the plant will produce enough power for about 1,000 homes in an agreement with the Poudre Valley Rural Electric Association.
The Northern Colorado Water Conservancy District will own and operate the $6 million project. The district owns Carter Lake, one of the reservoirs that delivers water to communities and farms on the eastern plains.
Poudre Valley REA officials say the project shows their commitment to pursuing renewable energy resources. The REA has more than 35,500 customers in Weld, Larimer and Boulder counties.
The plant will produce 7 to 10 million kilowatt hours of energy with its completion in mid-2012.
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Hydro One stock has too much political risk to recommend, Industrial Alliance says
TORONTO - A seemingly positive development for Hydro One is overshadowed by ongoing political and regulatory risk, Industrial Alliance Securities analyst Jeremy Rosenfield says.
On October 4, staff from the Washington Utilities and Transportation Commission filed updated testimony in support of the merger of Hydro One and natural gas distributor Avista.
The merger, which was announced in July of 2017 has received the green light from federal and key states, with Washington, Oregon and Idaho being exceptions.
But Rosenfield says even though decisions from Oregon and Idaho are expected by December, there are still too many unknowns about Hydro One to recommend investors…
