Thursday - November 28, 2024
BPA Releases 2023 2Q Results
May 12, 2023
PORTLAND, Oregon, May 12 (TNSres) -- The Bonneville Power Administration issued the following news release:

A dry, cold winter drove higher than expected power purchase expenses resulting in the Bonneville Power Administration's current net revenue forecast of negative $396 million, which is $101 million below this year's performance target.

The higher power expenses have offset higher than expected Power and Transmission revenues. Colder than average winter temperature . . .

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