Hudak to reveal plan for hydro bill relief
The Tories have been promising to give families some kind of break from rising energy costs, but until now have not been specific about their plans.
PC Leader Tim Hudak will soon reveal his exact measures to trim soaring electricity bills, which are slated to jump 46 per cent in the next five years.
Hudak promised to scrap the Liberal governmentÂ’s $7-billion green energy deal with South Korean giant Samsung and to stop offering huge premiums for wind and solar power.
The Liberals say that will cost the province thousands of jobs and scare off international investors from OntarioÂ’s growing manufacturing base for components for green energy projects.
Hudak has already promised to let people opt out of time-of-use pricing for electricity if the Conservatives win the October 6 election, calling so-called smart meters nothing but tax machines.
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Six key trends that shaped Europe's electricity markets in 2020
LONDON - According to the Market Observatory for Energy DG Energy report, the COVID-19 pandemic and favorable weather conditions are the two key drivers of the trends experienced within the European electricity market in 2020. However, the two drivers were exceptional or seasonal.
The key trends within Europe’s electricity market include:
1. Decrease in power sector’s carbon emissions
As a result of the increase in renewables generation and decrease in fossil-fueled power generation in 2020, the power sector was able to reduce its carbon footprint by 14% in 2020. The decrease in the sector’s carbon footprint in 2020 is similar to trends…
