Mexico will sell power to Los Angeles
Electricity will be generated at Mexico's Cerro Prieto geothermal power plant in Mexicali and then sold to the Los Angeles Department of Water & Power, according to the memorandum of understanding signed by Los Angeles Mayor Antonio Villaraigosa and Mexico's Federal Electricity Commission Chief Alfredo Elias Ayub.
How much power will be generated and sold was not disclosed.
Mexico's commission said it recently signed a similar deal with Belize and is close to finalizing another power sale agreement with Guatemala, bringing its foreign power sales to $100 million by the end of 2010.
The Mexican utility said its goal is to "diversify the sources of electricity generation" and reduce emissions of pollutants and greenhouse gases.
Related News
B.C. Hydro doing good job managing billions in capital assets, says auditor
VICTORIA - A report by B.C.’s auditor-general says B.C. Hydro is doing a good job managing the province’s dams, generating stations and power lines.
Carol Bellringer says in the audit that B.C. Hydro’s assets are valued at more than $25 billion and even though some generating facilities are more than 85 years old they continue to operate near full-capacity.
The report says about 80 per cent of Hydro’s assets are dams, generators, power lines, poles, substations and transformers that are used to provide electrical service to B.C.
The audit says Hydro invested almost $2.5 billion to renew, repair or replace the assets it…
