Energy
Alberta power cos in “death spiral”
A vast bill for new electricity infrastructure will be paid for by Alberta consumers because industry will simply generate its own electricity rather than have its profits gouged by the power companies.
Two associations that represent big industrial power users are warning that escalating transmission costs will push pulp mills and petrochemical refineries off the electrical grid, and leave residential and commercial consumers stuck with a larger portion of the bill.
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April 22, 2011
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