BPA buys back 420 MW from smelter

HOUSTON, Mar. 5, 2001–In a novel arrangement, Bonneville Power Administration (BPA) will add 420 MW of power during this tight supply year by buying electricity back from an aluminum smelter that will temporarily curtail production.

WASHINGTON, DC, March 5, 2001 (BUSINESS WIRE)–Average monthly spot prices for natural gas in March contracts fell 21% nationwide, as concern over possible winter supply shortfalls eased, according to data released by Platts, the energy market information division of The McGraw-Hill Companies (NYSE: MHP – news).

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