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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When paying $1 for a coal power plant is still paying too much
SAN JUAN - One dollar. That’s how much an aging New Mexico coal plant is worth. And by some estimates, even that may be too much.
Acme Equities LLC, a New York-based holding company, is in talks to buy the 847-megawatt San Juan Generating Station for $1, after four of its five owners decided to shut it down. The fifth owner, the nearby city of Farmington, says it’s pursuing the bargain-basement deal with Acme to avoid losing about 1,600 direct and indirect jobs in the area.
We respectfully disagree with the notion that the plant is not economical
Acme’s interest comes as others…
