2. BPA SETS STRATEGY FOR FUTURE FISH COSTS

The Bonneville Power Administration on Dec. 21 unveiled its strategy
for selling electricity in a way the agency says will cover up to $721
million a year in fish and wildlife obligations for the 2001-2006 period.

In addition, rates and contracts under Bonneville’s "Power Subscription
Proposal" will be designed to build financial reserves for the post-2006
period, when fish and wildlife costs under certain scenarios could top
the $1 billion a year mark.

Under a federal …

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