Northwest utility proposes novel rate plan

Avista Corp. is seeking regulatory approval to recover in rates the costs of purchased power for the winter peak, and Portland General Electric Co. proposed Thursday a plan that will allow it to capture the benefits or share the losses of the volatile market with customers.

Dec. 26, 2000–Norsk Hydro ASA will curtail production at its aluminum smelter in the Pacific Northwest preferring to sell electricity instead of aluminum.

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