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Edelman Financial Group Inc EF



NDAQ:EF - Post by User

Post by windguy1on May 28, 2009 8:32pm
589 Views
Post# 16025450

Clean Power Call

Clean Power Call

May 28, 2009

Application for Relief from Certain Requirements of CEAP
In the Clean Power Call website update dated December 23, 2008, BC Hydro stated that it intends to award Electricity Purchase Agreements, to the extent that any Proposals provide cost-effective energy supply, following the receipt of the British Columbia Utilities Commission (BCUC) decision regarding the 2008 Long Term Acquisition Plan (LTAP).

Given the uncertainty around the LTAP decision date, BC Hydro has filed an application with the BCUC requesting relief from section 4.10 of British Columbia Transmission Corporation's Competitive Electricity Acquisition Process (CEAP). The requested relief is with respect to the date by which BC Hydro is required to select successful Clean Power Call Proponents and submit an application to BCTC for a corresponding modification for network transmission service. If this application is not submitted to BCTC by the specified deadline, all Interconnection Requests for the Clean Power Call are deemed withdrawn. BC Hydro is requesting that the CEAP deadline be extended from June 15, 2009 to 4 weeks after the BCUC's LTAP decision.

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