BPA’s aluminum power deals stir more debate

Nov 17, 2008 | 12:41 PM | Tom Jennemann

The Bonneville Power Administration (BPA) proposal to provide nearly $100 million in annual power subsidies to the aluminum industry has stirred up another round of debate in the Pacific Northwest.

BPA has proposed providing electricity discounts of up to $66 million annually to Alcoa Inc.'s Intalco aluminum smelter in Ferndale, Wash. The agency has also proposed $33 million in annual subsidies for Columbia Falls Aluminum Co. LLC in Columbia Falls, Mont.

In October, Pittsburgh-based Alcoa and the BPA signed a memorandum of understanding that provided the framework for a contract that would begin in October 2011 and run through 2028 to provide up to 240 megawatts of direct power sales, enough to operate the facility at 50-percent capacity, contingent upon BPA buying additional power to augment the Northwest power system, within certain threshold price levels.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results