BC Hydro and AXOR, the company behind the Glacier/Howser power
project, no longer have a power purchase agreement. Just what that means
for the controversial hydroelectric generating project is unclear, but
the Nelson-Creston MLA says it’s “great news.”

Michelle Mungall, MLA for the Nelson-Creston riding, says she heard
the news after she received a copy of an email from a source. The email,
sent by a BC Hydro employee, reads: “‘BC Hydro no longer has an
electricity purchase agreement with AXOR for the Glacier/Howser
project,’” says Mungall, reading directly from the email sent on
Tuesday, Nov. 9, 2010.  “I can only speculate what it means, but for AXOR to lose
its energy purchase agreement is a significant development in terms of
whether they’ll go forward and whether the project continues to be
viable for them.”

Read more of Nelson Post article here