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Canadian Investing / Canada (General)


Subject:  Re: Electricity question? Date:  1/29/2013  10:35 AM
Author:  DrtThrwingMonkey Number:  63243 of 64723

Hydro-Quebec estimates it will have 28.5 terrawatt hours of surplus power available to it by the end of 2020.

That sounds like a lot, but 28.5 terawatt-hours is only 3250 MW, for a year. Quebec currently had a combined generation capacity of 36,971 MW at the end of 2011, and that is probably about the same now. It has two major projects ongoing, one being the Romaine, for a total of 1550 MW by 2020, and the other is Eastmain-1-A/Sarcelle/Rupert project (catchy name!), which adds another 893 MW, and should be coming online anytime. (If you look on HQ's website, they have some pretty good information, and explanation of the project, with animations, maps, photos, simulations, etc.)

So basically, when Marois says we will have about 3200 MW available to sell, that is because we will be adding 2400 MW over the next few years, to our existing capacity of about 37,000 MW*. That means we currently have only minimal amounts to sell, since most is being used locally.

Interesting stuff.

Regards, DTM

*That 37 GW includes about 3 GW in wind capacity, which only provides 1 GW in actual production, because of the sporadic nature of wind, so this would be the equivalent of about 35 GW of round the clock capacity.
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