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Canadian Investing / Canada (General)
|Subject: Re: Electricity question?||Date: 1/24/2013 9:02 PM|
|Author: tim443||Number: 63240 of 63849|
To save the planet, you pay a bit more and buy propane or heating oil, get accused by your irrational tree-hugging friends of adding CO2 to the environment, and save the electricity for Ontarians who want to close their coal-fired plants. Tough choice!
I seem to recall from the OP article that I linked here that Ontario will have only one small backup coal fired power plant by the end of 2013?
They do have all eight reactors up and running at Bruce so nuclear is now providing 56% (?) of their power needs.
This is interesting. Apparently there are still several potential Hydro sites in Quebec should there be the money and need.
Quebec Premier Pauline Marois pushes cheap hydo rates at Davos economic summit
By Sylvain Larocque, The Canadian Press January 23, 2013
DAVOS, Switzerland - Quebec Premier Pauline Marois is hoping to use the prospect of surplus power from Hydo-Quebec to attract investors to the province.
Marois floated the idea on Wednesday after arriving in Switzerland to attend the Davos economic summit.
Marois will take advantage of the annual World Economic Forum to try to persuade political and economic decision-makers to spend in Quebec.
''We want to increase private investment in Quebec,'' she told The Canadian Press. ''It is a major strategy we have already begun implementing.''
And much of that investment is linked to hydroelectricity, according to Marois.
Hydro-Quebec estimates it will have 28.5 terrawatt hours of surplus power available to it by the end of 2020.
There was some talk on the mining board that Quebec is no longer seen as "the best mining jurisdiction in the world" due to talk about raising taxes on operating mines.
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