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CenterPoint Energy, Inc. Message Board

  • lewis_whokeyser lewis_whokeyser Apr 11, 2001 7:50 PM Flag

    The Costs of Kaiser

    "Wholesale Electricity Prices in the Northwest Could More Than Triple"
    Christian Science Monitor (04/11/01) P. 1
    A federal energy official said the drought in the Northwest has left the
    region's hydroelectric plants with so little water that wholesale
    electricity prices could triple if the aluminum industry continues to
    require power to run its smelters. The Bonneville Power Administration,
    which supplies about 50 percent of the region's wholesale electricity with
    29 hydroelectric dams on the Colombia and Snake Rivers, would have to pay
    sky-high prices to buy power on the spot market if the industry decides to
    keep the smelters running. According to the energy official, approximately
    half of the extra power demand required by the smelters could be saved if
    they were shut down for two years. (www.csmonitor.com)

 
CNP
23.76+0.310(+1.32%)Dec 24 1:03 PMEST

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