OIKO Energy Inc. has applied to the Department of Energy for permission to export electric energy from the United States to Canada. This application, submitted on October 31, 2024, is for a five-year term. OIKO, a company based in Quebec, Canada, is looking to work as a power marketer and has stated that its operations will not affect the energy supply or reliability in the U.S. The public can submit comments or objections regarding this application until January 21, 2025, and a decision will be made after assessing environmental impacts and energy supply concerns.
Simple Explanation
OIKO Energy Inc. wants to send electricity from the United States to Canada for five years, and people can say what they think about this plan until January 21, 2025. They promise it won't mess up the electricity supply in the U.S. and will be safe for the environment.