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Manitoba Hydro settles Ontario power dispute for $9.6 million

from Winnipeg Free Press

Although it admits no wrongdoing, Manitoba Hydro has agreed to pay $9.6 million to settle a dispute with the agency that operates Ontario's electricity market and transmission system. The Independent Electricity System Operator (IESO) approved the settlement with Manitoba's largest Crown corporation earlier this year. The two sides are providing few details about the deal because of a confidentiality agreement, but IESO had raised concerns Manitoba Hydro "may have breached" its trading rules in 2011 and 2012. more


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