Century’s power rate request denied
Dec 17, 2012 | 04:38 PM
| Suzy Waite
Tags
Public Service Commission of West Virginia,
PSC,
aluminum,
Century Aluminum,
Ravenswood plant,
aluminum smelter,
power rate,
Suzy Waite
LONDON — Century Aluminum Co.’s request for reconsideration of a proposed power agreement at its idled Ravenswood, W.Va., smelter has been denied by the Public Service Commission (PSC) of West Virginia.
The PSC in October approved a special power rate for the 170,000-tonne-per-year smelter, which has been shut since 2009. It agreed to link Ravenswood’s power contract to the price of aluminum on the London Metal Exchange but denied Century’s request to pass on some of the costs to Appalachian Power Co.’s other power users, including some residential customers (amm.com, Oct. 4).....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here