Ward resigns from NYISO Board
Shortly after his election to the NYISO Board, Mr. Ward was named by Governor David Paterson to head the Port Authority of New York and New Jersey.
Mr. Ward had been one of the candidates recommended to the NYISO Board of Directors by the NYISO's Market Participants earlier this year and elected to the Board shortly thereafter.
Karen Antion, Chair of the NYISO Board, said that "we regret Chris' departure, will miss his wisdom and guidance and wish him well in his arduous duties at the Port Authority."
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B.C. government freezes provincial electricity rates
VICTORIA - British Columbia's NDP government has announced it will freeze BC Hydro rates effective immediately, fulfilling a key election promise.
Energy, Mines and Petroleum Resources Minister Michelle Mungall says hydro rates have gone up by more than 24 per cent in the last four years and by more than 70 per cent since 2001.
"After years of escalating electricity costs, British Columbians deserve a break on their bills," Mungall said in a news release.
BC Hydro had been approved by the B.C. Utilities Commission to increase the rate by three per cent next year, but Mungall said it will pull back its…
