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Canadian Investing / Canada (General)
|Subject: Re: Electricity question?||Date: 1/23/2013 2:49 PM|
|Author: DrtThrwingMonkey||Number: 63232 of 63722|
Is Quebec at the limits of its generation capacity or just it's transmission infrastructure?
"Officials expect power consumption to peak at 39,000 megawatts this week, which would beat the previous record of 37, 717 megawatts reported on January 24, 2011.
Yes, Quebec is close to its generation capacity; in fact, we occasionally has to import electricity. Most Quebeckers heat with electricity, as crazy as that seems, since low tariffs make it just as cheap to heat with electricity as with gas. When you get a cold snap like this week (-28.5 C this morning chez nous) consumption spikes up, like it does in Texas when its 40 C. Transmission is not the problem.
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