Hydro-Québec's Call For Wind Power Bids Averages 10 cents/kWh
The average price of bids, including the cost of transmission and power balancing, is 10 cents/kWh in 2007, increasing with inflation thereafter.
The capacity factor guaranteed by the project proponents averages 30%, which corresponds to an annual quantity of 2.6 TWh as at December 1, 2011. There are penalties for deliveries lower than the amount guaranteed in the bid.
Details relative to preliminary analysis
In addition to the quoted energy price of 8.1 cents/kWh, Hydro-Québec Distribution's total cost of purchase must include the cost of modifying the transmission system and of power balancing taking into account Hydro-Québec TransEnergie's expected cost, which could be as much as $400 million to integrate and connect the new wind power facilities. The transmission cost would be 1 cents/kWh.
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Wind generates more than half of Summerside's electricity in May
SUMMERSIDE - During the month of May, 61 per cent of the electricity Summerside's homes, businesses and industries used came from wind power.
25 per cent was purchased from the West Cape Wind Farm in West Point, P.E.I. — the city has had a contract with it since 2007. The other 36 per cent came from the city's own wind farm, which was built in 2009.
"One of the strategic goals that was planned for by the city back in 2005 was to try to become a 100 per cent green city," said Greg Gaudet, Summerside's director of municipal services.
"The city started…
