BCUC Ruling "Minor Setback"
By 250 News
The BC Utilities Commission decision that rejected Alcan's plan to sell excess power to BC Hydro was a "minor setback" says Richard Prokopanko, the Director of Corporate Affairs for Alcan's B.C. operations.
That plan was one of three conditions he says must be met for his company to follow through on it's plan to spend $2 billion dollars over the next 6 years to modernize the Kitimat aluminum processing operations.
The other two conditions are:
- a long term agreement from the unions that there won't be any labour disruption
- necessary environmental approvals
According to Prokopanko, the modernization of the Kitimat facility could withstand any future serious downturns in the economy and he could see it being productive "Running flat out for the next 35 - 40 years."
There are some who dispute the company's claims, saying the modernization has little to do with aluminum, and a lot to do with power sales that will result in further job losses. The agreement nixed by the BCUC would have seen Alcan produce power at the cost of $10 per MWH and selling it to BC Hydro for $70 MWH.
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