首页|Aluminium Cos watch as BPA considers power rate increases
Aluminium Cos watch as BPA considers power rate increases
扫码查看
点击上方二维码区域，可以放大扫码查看
原文链接
NSTL
The Bonneville Power Administration, or BPA, has scheduled public meetings for Aug. 20 in Seattle, Washington to discuss options for avoiding or reducing impending power rate increases. A rate increase could spell further problems for aluminium smelters in the U.S. Pacific Northwest region, where around 1.6 million tons of production capacity was taken off-line in the last two years due to higher power and weak aluminium prices. Some of this capacity still lies off-line, with various load reduction agreements having ended and companies having considered restarting production under a "take or pay" deal. Under the terms of a "take or pay" deal, smelters can opt to either use the power contracted to them by the BPA to restart capacity, or allow the BPA to sell the power back to the spot market and pay for the difference between the contract price and the spot price achieved. Three-month metal is currently languishing around the 1,300/ton dollars level on the LME.
NSTL
