SaskPower looks at peaking plant
The proposed plant, which would be used to provide additional electrical power during peak utilization periods, would use natural gas as a fuel.
“SaskPower must ensure the required infrastructure is in place to help meet the demand for power in the province,” Crown Corporations Minister Ken Cheveldayoff commented.
The proposed plant "is part of SaskPower's plans to add peaking capacity to help reinforce the electrical system,'' Cheveldayoff added in a news release.
Consultations with municipal officials and landowners about the project is underway.
An open house to provide information about the project will be held at the Spy Hill Community Hall from 2 to 8 p.m. on March 25.
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TORONTO - Hydro One Ltd.'s (H.TO 0.25%) second-quarter profit fell by nearly 23 per cent from last year to $155 million as the electricity utility reported spending more on tree-trimming work due to milder temperatures that also saw customers using less power.
The Toronto-based company - which operates most of Ontario's power grid - says its net earnings attributable to shareholders dropped to 26 cents per share from 34 cents per share when Hydro One had $200 million in net income.
Adjusted net income was also 26 cents per share, down from 33 cents per diluted share in the second quarter of 2018.
Revenue was $1.41 billion, down from…
