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Article: Power Crisis Threatens Aluminum Industry.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- June 19, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By V. Dion Haynes, Chicago Tribune Knight Ridder/Tribune Business News
Jun. 19--SPOKANE, Wash.--The power crisis rocking California with rolling blackouts and the Pacific Northwest with exorbitant utility prices has a new victim: the aluminum industry.
In an energy-saving move that pits the aluminum industry against other regional power users, a federal agency wants to pay 10 smelters in the Northwest about $100 million to mothball close their facilities for up to two years. The smelters use 3,000 megawatts of electricity a year, enough to power three cities the size of Seattle.
The region's energy crisis has been driven in part by a winter ...