Substation Relay Protection Training
Our customized live online or in‑person group training can be delivered to your staff at your location.
- Live Online
- 12 hours Instructor-led
- Group Training Available
Regular Price:
$699
Coupon Price:
$599
Ontario Samsung Green Energy Deal faces PC pushback as McGuinty defends wind and solar investment at CS Wind, warns of contract penalties, taxpayer costs, and minimal 3.2% impact on electricity bills before the provincial vote.
Context and Background
A provincial Samsung deal to expand wind and solar, creating 300 CS Wind jobs with a 3.2% impact on electricity bills.
- McGuinty warns scrapping could trigger costly penalties
- Hudak vows to cancel deal if PCs win October election
- Wind and solar just 3.2% of current electricity bills
- Samsung invests $40M; 300 jobs at Windsor CS Wind plant
Ontario Premier Dalton McGuinty says the Progressive Conservatives are risking the province's international reputation by threatening to cancel a $7-billion green energy deal with Samsung C&T Corp.
Speaking at a tour of CS Wind in Windsor, Ont., McGuinty said the Tory threat to scrap the government's Samsung deal could scare off international investors.
"I think it's time to stop burning coal in Ontario, switch on to harnessing the power of the wind, including offshore turbines, and the sun, as they've been doing in so many other parts of the world for decades," said McGuinty.
He also warned that scrapping such a huge contract could end up costing taxpayers a lot of money.
"They're being reckless with our tax dollars," he said.
PC Leader Tim Hudak, who has promised to outline a hydro bill relief plan, tried unsuccessfully to get Energy Minister Brad Duguid to say exactly what, if any, penalty could be imposed for scrapping the Samsung deal.
McGuinty said wind and solar power account for what he calls a minuscule 3.2 per cent of Ontario electricity bills overall.
Samsung is investing at least $40 million to convert a former machining plant into a facility for making wind towers, as part of a province-wide deal with the Korean company. About 300 people will work there.
The premier's visit comes days after Hudak said he would kill the Samsung deal if his party wins the October election.
Finance Minister Dwight Duncan said the gloves are off.
"We're going to fight him on the closure of this plant, we're going to fight him on the elimination of the Green Energy Plan, and we're going to fight the lies he's putting out in the absence of his own platform," said Duncan. "We think it's wrong, we think it's dangerous to the province's future."
Related News
Related News
France nuclear power stations to limit energy output due to high river temps
France Nuclear Heatwave Restrictions signal reduced nuclear power along the Rhone River as EDF imposes…
View more
Wind turbine firms close Spanish factories as Coronavirus restrictions tighten
Spain Wind Turbine Factory Shutdowns disrupt manufacturing as Vestas, Siemens Gamesa, and Nordex halt Spanish…
View more
The Power Sector’s Most Crucial COVID-19 Mitigation Strategies
ESCC COVID-19 Resource Guide outlines control center continuity, sequestration, social distancing, remote operations, testing priorities,…
View more
Electricity restored to 75 percent of customers in Puerto Rico
Puerto Rico Power Restoration advances as PREPA, FEMA, and the Army Corps rebuild the grid…
View more
Frustration Mounts as Houston's Power Outage Extends
Houston Power Outage Heatwave intensifies a prolonged blackout, straining the grid and infrastructure resilience; emergency…
View more
Ontario tables legislation to lower electricity rates
Ontario Clean Energy Adjustment lowers hydro bills by shifting global adjustment costs, cutting time-of-use rates,…
View more
Sign Up for Electricity Forum’s Newsletter
Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.
Electricity Today T&D Magazine Subscribe for FREE
Stay informed with the latest T&D policies and technologies.
- Timely insights from industry experts
- Practical solutions T&D engineers
- Free access to every issue
