Manitoba Hydro signs deal with Xcel Energy
The deal, announced recently in Winnipeg, still needs to clear a variety of Canadian and American regulatory hurdles. If the approvals come, the delivery of electric power would begin in 2015.
The deal involves an existing customer of Manitoba Hydro, called Xcel Energy, based in Minneapolis.
"This agreement builds on an energy trading relationship that spans three decades and is another boost for our export markets," Manitoba Premier Greg Selinger is quoted as saying in a media release about the deal.
"Revenues will continue to flow to Manitoba to help support low rates for all Manitoba customers," Bob Brennan, the president and CEO of Manitoba Hydro added. Under the agreement, Xcel Energy will purchase between 375 and 500 mega-watts of power from Manitoba Hydro.
Xcel Energy supplies electricity to about 3.4 million customers in eight states in the U.S. west and mid-west.
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Share of coal in UK's electricity system falls to record lows
LONDON - The share of coal in the UK’s electricity system has fallen to record lows in recent months, according to government data.
The figures show electricity generated by the UK’s most polluting power plants made up an average of 0.7% of the total in the second quarter of this year. The amount of coal used to power the electricity grid fell by almost two-thirds compared with the same months last year.
A government spokesperson said coal-generated energy “will soon be a distant memory” as the UK moves towards becoming a net zero emissions economy.
“This new record low is a result of…
