western update 8 20 01 market update pair new pacific northwest power plants coming online month klamath cogeneration project klamath falls oregon start feeding 486 mw electricity region power grid additional 270 mw expected come online month rathdrum power natural gas fired plant near rathdrum idaho told nearly 1 240 new mw power expected buzzing region grid end year marking first major steps toward erasing northwest estimated 3 000 mw power deficit aluminum smelters dsi alcoa aluminum alcoa intalco smelter negotiating individuals within bc hydro serve alternate electricity seller bc hydro individuals kelly lail manager resourcement management ray olegaard title unknown time mike costello president chief operating officer bc hydro considerable interest wall street analysts regarding deal implications aluminum electricity industries interest making difficult ordinarily would get information target continue research kaiser aluminum kaiser aluminum still outs bpa worst bidder load reduction agreement sweepstakes weeks ago power prices continue sliding low mid 30 kaiser able resume smelting operations still belief kaiser bringing back employees smelters effort realize shareholder value affect potential hand california claims bc hydro part scheme market manipulation 8 9 billion overcharges energy suppliers looks like minister energy richard neufeld others favoring plan work financing plan way forgive california 290 million debt recent estimates indicate current power generation levels british columbia net importer electricity 2007 officials looking put together extensive plan combine shore drilling streamlined bc hydro improved us canadian natural gas oil transmission pipelines look toward alleviating growing need bc liberal administration alternative power sources wind power unlikely receive much attention indeed neufeld already moved downplay cost effectiveness wind solar power clear indication fossil fuels play considerable role future bc energy activities bc hydro bc hydro selected new chairman ceo larry bell upon taking position bell immediately hit blizzard criticism remnants ndp left mr bell currently sweeping bc hydro mandate deregulate segments business least two major areas hydro operations looking like farmed private sector information technology transmission lines contacts suggested potential bidders hydro transmission system beginning put bids together due rapidity bell expected move likely bell look maintain hydro core business power generation keep powerex trading arm organization bpa spill related issues bpa reservoirs currently 58 2 maf far 100 maf typical time year enough meet current bpa load requirements bonneville aggressively spilling water salmon summer anticipate decision spill coupled load reduction agreements dsi put solid footing winter however expect bpa moving secure new contractual agreements soon likely want get existing contracts ed mosey spokesman bpa said pretty good shape enough water meet firm load requirements surplus sell