Canadian Hydro ends offshore prospect agreement
Wasatch is a private U.S.-based renewable energy company. Terms of the Agreement remain confidential.
On October 23, TransAlta Corporation's acquired approximately 87 per cent of the outstanding common shares of Canadian Hydro. Canadian Hydro now believes that based on the growth opportunities available, off shore wind is not a priority at this time.
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California avoids widespread rolling blackouts as heat strains power grid
LOS ANGELES - California has avoided ordering rolling blackouts after electricity demand reached a record-high Tuesday night from excessive heat across the state.
The California Independent System Operator, which oversees the state’s electrical grid, imposed its highest level energy emergency on Tuesday, a step that comes before ordering rolling blackouts and allows the state to access emergency power sources.
The Office of Emergency Services also sent a text alert to residents requesting them to conserve power. The operator downgraded the Stage 3 alert around 8:00 p.m. PT on Tuesday and said that “consumer conservation played a big part in protecting electric grid…
