Electrical Commissioning In Industrial Power Systems
Our customized live online or in‑person group training can be delivered to your staff at your location.
- Live Online
- 12 hours Instructor-led
- Group Training Available
EPCOR will receive USD$76.4 million from PSE for its share of the 249 megawatt facility, which is located near Tacoma, Washington.
"With their experience in and commitment to the Pacific Northwest market, PSE will be a very good partner for EPCOR at Frederickson Power," said Brian Vaasjo EPCOR Executive Vice President and President of EPCOR's Energy Division.
"This transaction will mean that all of output from EPCOR's share of the facility is secured under power purchase agreements, an approach consistent with EPCOR's business and risk management strategy. EPCOR will continue to explore further opportunities to expand our core businesses within the Pacific Northwest."
As part of this agreement, EPCOR will continue to operate Frederickson Power, a combined cycle natural gas facility.
EPCOR will continue to supply the Benton, Franklin and Grays Harbor Public Utility Districts with 125 megawatts under the 20-year agreement reached in April 2001. PSE's share-approximately 124 megawatts-of power output from the Frederickson facility will become part of the utility's overall mix of energy resources for serving its customers' electricity needs.
EPCOR Utilities Inc. is one of Canada's top providers of energy and energy-related services and products. Drawing on over 100 years of experience, EPCOR owns and operates power plants, electrical transmission and distribution networks, builds and operates water and wastewater treatment facilities and infrastructure and provides power and water solutions to customers in Alberta, British Columbia, Ontario and the U.S. Pacific Northwest. With over $4 billion in assets, EPCOR is headquartered in Edmonton, Alberta. EPCOR's web-site is www.epcor.ca.
Puget Sound Energy is Washington state's largest energy utility, providing electric service in 11 counties to more than 972,000 customers and natural gas service to about 636,000 customers (300,000 of those customers receive both forms of energy), at a growth rate above the national average. Puget Sound Energy, a regulated utility, is the largest subsidiary of Puget Energy, a holding company traded on the New York Stock Exchange. www.pse.com.
Related News
China's Path to Carbon Neutrality
BC Hydro rebate and B.C. Affordability Credit coming as David Eby sworn in as premier
Duke Energy seeks changes in how solar owners are paid for electricity
New England Emergency fuel stock to cost millions
Trump Tariff Threat Delays Quebec's Green Energy Bill
A new material made from carbon nanotubes can generate electricity by scavenging energy from its environment
Sign Up for Electricity Forum’s Newsletter
Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.
Electricity Today T&D Magazine Subscribe for FREE
- Timely insights from industry experts
- Practical solutions T&D engineers
- Free access to every issue