Hydro-Québec Signs Agreement with TransCanada Energy
Hydro-Québec Distribution has already secured agreements with Hydro- Québec Production for baseload deliveries of 350 MW and hourly dispatchable deliveries of 250 MW under the same call for tenders.
The agreements reached in this call for tenders have terms of 20 years and an average electricity price of about 6.1 cents per kWh in 2007, including transmission costs. Hydro-Québec Distribution will submit the agreements to the Régie de l'énergie for approval.
Current Calls for Tenders
In May, Hydro-Québec Distribution issued calls for tenders for 1,000 MW of wind power and 100 MW of biomass power (from plants with at least 75% biomass feedstock).
Information regarding Hydro-Québec Distribution's supply plan and the various calls for tenders is available at http://www.hydroquebec.com/distribution/en/marchequebecois/
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The report, Nuclear Costs in Context, found that in 2017 the average total generating cost - which includes capital, fuel and operating costs - for nuclear energy was USD33.50 per megawatt-hour (MWh). This is 3.3% lower than in 2016 and more than 19% below 2012's peak. The reduction in costs since 2012 is due to a 40.8% reduction in capital expenditures, a 17.2% reduction in fuel costs and an 8.7%…
