Century says power provider must shoulder some Ravenswood risk
Oct 30, 2012 | 10:25 AM
| Suzy Waite
NEW YORK In order to restart its idled 170,000-tonne-per-year smelter in Ravenswood, W.Va., Appalachian Power Co. customers must take risks to receive rewards, according to Century Aluminum Co.
Both Century and Appalachian Power have filed reconsiderations with the Public Service Commission (PSC) of West Virginia in response to the commissions proposed power agreement for Centurys Ravenswood smelter.
Earlier this month, the PSC approved a special power rate for Centurys Ravenswood smelter, which has been shut since 2009 (amm.com, Oct. 4). The PSC agreed to link Centurys power costs with the London Metal Exchange price of aluminum, but denied Centurys request that some other costs be passed on to other power users, including some of Appalachians residential customers.....
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