Thursday, August 16, 2007

RBC to Enter US Wholesale Power Markets

Bloomberg, Tina Seeley, 16 August 2007Royal Bank of Canada, which got U.S. approval last month to trade wholesale power, is seeking permission to export electricity from the U.S. to Canada.RBC Energy Services LP, a unit of the bank, asked the U.S. Energy Department for the authority under a five-year term to send power from the U.S. to Canada, according to a notice today in the Federal

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