DONG Energy sells Walney wind farm stake
SSE will pay up to around 39 million pounds (US $62.5 million) for the stake in the 367 megawatt farm in the Irish Sea, of which around 17 million pounds is subject to operational performance, the Danish utility said in a recent statement.
SSE will pay a pro rata share of construction costs, said DONG Energy, which will keep the remaining 74.9 percent stake.
DONG Energy expects the cost of constructing Walney to total just under 1 billion pounds ($1.6 billion). The wind farm is expected to enter commercial operation in two phases in 2011.
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Quebec shatters record for electricity consumption once again
MONTREAL - Hydro Quebec says it has once again set a new record for power consumption as extreme cold grips much of the province.
An extreme cold warning has been in effect across southern Quebec since Friday morning, straining the system as Quebecers juggle staying warm and working from home.
Hydro Québec recorded consumption levels reaching 40,300 megawatts as of 8 a.m. Friday, breaking a previous record of 39,000 MW that was broken during another cold snap on Jan 11.
The publicly owned utility is now asking Quebecers to reduce their electricity consumption as much as possible today and tomorrow, predicting earlier in…