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Clearing Up / This Week
[CU 1829 / December 8, 2017]
Columbia River Treaty Talks to Begin in Early 2018, State Department Says
After years of prodding from Northwest power and other interests, and the Northwest congressional delegation, the U.S. State Department announced Dec. 7 that the U.S. and Canada will begin negotiations to modernize the Columbia River Treaty in early 2018.
WUTC OKs PSE Rate Case Settlement, Accelerated Colstrip Depreciation
The Washington UTC on Dec. 5 unanimously approved an “historic” multiparty settlement in Puget Sound Energy’s 2017 general rate case. The commission approved setting PSE’s annual depreciation expense for Colstrip units 1 and 2 at $18.5 million between now and the units’ planned retirement in 2022, and $23.3 million for units 3 and 4 by 2027. Under the settlement, electric rates will increase 1 percent and natural gas rates will drop 3.9 percent.
Peak Reliability, PJM to Explore Creation of a Western Energy Market
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Peak Reliability and PJM Connext on Dec. 7 announced plans to evaluate a suite of market options for the West that could include a day-ahead market, real-time market or menu of ancillary services. The entities plan to begin discussions with industry leaders and stakeholders in early 2018 and expect to report the results of the review by the end of March 2018.
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