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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More than half of the affected customers had electricity again as of 1:47 p.m. Sunday, according to PG&E, and by 4 p.m. all of Yuba County power had been restored.
The utility also cut electricity for about 1,600 customers in parts of Napa, Solano and Yolo counties, primarily in the Lake Berryessa area. Power to those areas was switched off at 6:15 a.m. Saturday but was…
