Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Henderson | Lakes | McCracken | Webster
Davis Motor Sales banner ad

Century, Big Rivers and Kenergy Reach Tentative Agreement for Hawesville Smelter

century aluminum 300HOPKINS COUNTY, Ky. (4/30/13) – As of yesterday, the agreement between Century Aluminum and Big Rivers Electric Corporation was reached tentatively to build the framework that will provide market priced power to Hawesville Smelter, located in Hancock County.
 
Under the provision, the electric corporations would purchase the power on the open market and then pass it through Century at market price, plus the additional costs that is acquired by them. However, this should not have any impact on the current rate proposal of Big Rivers or the related flow-through rate proposal of Kenergy. Both are currently pending before the Kentucky Public Service Commission. The definitive agreements of the framework are still subject to negotiations and approvals from other third parties. These parties intend to move quickly as possible to finalize the agreement before the expiration of the current power contract, which will be up in mid to late August of this year.
 
Hawesville Smelter currently has a rated capacity of 244,000 tons of aluminum and employs 650 women and men. “This is a great step toward saving 3000 jobs! I hope the Governor’s office and the PSC will work to make this a reality,” expressed State Representative, Ben Waide.
 
Century Aluminum is the parent of the Century Aluminum of Kentucky and owns primary aluminum is both the United States and in Iceland. Big Rivers Electric Corporation is a customer (member) owned, not-for-profit wholesale electric generation and transmission corporation, which is also owned by three distribution cooperative members. The member cooperatives are able to deliver retail electric power and energy to over 113,000 commercial, residential and industrial customers in 22 western Kentucky counties.
 
Legislation was in the works to allow the region’s two smelters; Century Aluminum and Rio Tinto in Sebree to buy their electricity at wholesale prices on the open market. State Representative Jim Gooch stated, “We wanted to let both parties know the legislature is interested.” He also added, “There’s no question this is really good news. Aluminum is very important. The usage is expected to double in the next decade.”
 
Amber Mena
SurfKY News
Photo provided by SurfKY Graphics

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

button coupons
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
button classifieds

In Other News...

Motor Vehicle Accident on Main Street

MURRAY, Ky. (11/19/14) — Murray Police responded to a motor vehicle accident located on 16th and Main Street Tuesday,… Read More

Henderson County Police Reports

HENDERSON, Ky. (11/20/14) — The Henderson Police Department released the following reports. On Nov. 17, 2014, Henderson… Read More
Started 11/8/2013
Started 11/8/2013

Most Read This Week

November 18, 2014 4821

Couple Charged for Concealing Food in Infant Car…

in Local (Hopkins) Top News by Madisonville Police Department
November 17, 2014 4411

Police Charge Woman for Drug Possession After…

in Local (Hopkins) Top News by Madisonville Police Department
November 15, 2014 3154

Faces & Stories: Hopkins County Tornado

in Video by Gary Gates, SurfKY News
November 17, 2014 2881

Bremen Woman Ejected From Vehicle During Kentucky…

in Local (Muhlenberg) Top News by Trooper S.C. Recke
November 19, 2014 2849

Three Injured in Two-Vehicle Collision on South…

in Local (Hopkins) Top News by Gwen Smith
November 15, 2014 2826

18-Year-Old Injured When Pickup Strikes Railroad…

in Local (Hopkins) Top News by Patrolman Falon Graham
November 19, 2014 2592

Two Killed When Vehicle Becomes Airborne, Strikes…

in Local (Owensboro) Top News by Daviess County Sheriff's Office
November 15, 2014 2573

PSC Approves Energy Efficiency Programs for…

in General News For All Sites by Rita Dukes Smith, SurfKY News Director
November 14, 2014 2415

Woman Accused of Texting While Driving, Hitting…

in Local (Hopkins) Top News by Clay Stroud
November 15, 2014 2160

Two Injured in Two-Car Collision at East Center,…

in Local (Hopkins) Top News by Patrolman Russell Nichols

Stories Trending Today

November 19, 2014 2849

Three Injured in Two-Vehicle Collision on South…

in Local (Hopkins) Top News by Gwen Smith
November 19, 2014 2592

Two Killed When Vehicle Becomes Airborne, Strikes…

in Local (Owensboro) Top News by Daviess County Sheriff's Office
November 19, 2014 1669

Madisonville Police Arrest Reports - Nov. 19, 2014

in Hopkins News by Madisonville Police Department
November 20, 2014 1487

Man on Bicycle Struck by Vehicle on South Main

in Local (Hopkins) Top News by Officer Jeff Miller
November 18, 2014 1425

First Annual Innovation Luncheon Held in…

in Video by Ruthann Padgett
November 19, 2014 1316

Crime Stoppers Top Most Wanted - November 19, 2014

in Local (Hopkins) Top News by Crime Stoppers
November 19, 2014 1210

Recovering From Identity Theft

in General News For All Sites by SurfKY News
November 19, 2014 1205

Muhlenberg Job Corps Celebrates Graduation

in Local (Muhlenberg) Top News by Karen Robinson
November 19, 2014 1127

Grilling Not Exclusive to Summer

in General News For All Sites by SurfKY News
November 20, 2014 1082

Man Accused of Kicking in Resident's Door,…

in Local (Hopkins) Top News by Patrolman Russell Nichols

SurfKY News Group, Inc.
Corporate Office & Studio
1125 Nebo Rd.  •  Madisonville, KY 42431
270.452.2727 (phone)
  •  270.452.2249 (fax)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social fbsocial twsocial yt
social gpsocial flrsocial rss