BPA Announces Final Plan for Electricity Price Subsidy for Electrolytic Aluminum Enterprises in Pacific Northwest

Recently, it was reported that the Bonneville Electric Power Administration (BPA) officially announced a plan to subsidize the final electricity price of electrolytic aluminum enterprises in the Pacific Northwest.

Under this plan, within five years from October 2006, BPA will provide US$59 million in annual subsidy for electricity to Alcoa, Columbia Fors Aluminum and Gold Northwest Aluminum, provided that the companies no longer Enjoy the previous power discount price and must purchase electricity at market price. The 59 million U.S. dollars converted into electricity is 560,000 kilowatts. According to the ratio of the previous year, Alcoa, Columbia Fors Aluminum and Gold Northwest Aluminum will receive the equivalent of 320,000 kilowatts, 140,000 kilowatts, and 100,000 kilowatts, respectively. Electricity price subsidies.