Alberta Newsprint idles mill on two days as electricity rates hit thresholds, alarm province’s industries

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Alberta Newsprint idles mill on two days as electricity rates hit thresholds, alarm province’s industries

January 20, 2012 - 09:26
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EDMONTON, Jan. 20, 2012 (Local News) -You can hear it on the floor of AltaSteel's east Edmonton mill when the hourly price of electricity spikes. Virtually everything goes quiet.

For almost two full days this week, there was no jet engine-like roar from the massive furnace, no crackle of melting scrap metal and no sirens indicating red hot liquid steel was about to pour into the ladle below.

"We turn off when the price per kilowatt hour hits a certain threshold," AltaSteel president David Knights said Thursday.

Edmonton Journal - Power price spike shuts plants - AltaSteel, Alberta Newsprint halt production as electricity cost hits threshold level

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