Wynne laying eggs in the Chatham-Kent Pot
The IESO, operator of Ontario's electricity system, recently launched the first major contracting initiative for new industrial wind turbine (IWT) capacity in years, and the municipality of Chatham-Kent was quick to show support for projects within its borders. There are all sorts of messy issues involved in the Large Renewable Procurement (LRP) beyond those of concentrating IWT's in one area, but they are relevant issues only if one is concerned about value; there's no evidence that the IESO is, but this post will review the value proposition of the projects proposed in Chatham-Kent. The proposed projects, as described by renews in Thumbs-up for 200MW North Kent : The Municipality of Chatham-Kent has agreed to support the construction and operation of the two-phase North Kent proposal. The 40 to 50-turbine 100MW first phase will fulfill Samsung’s deal to build 1169MW of wind projects under the Korean company’s Green Energy Investment Agreement [ GEIA ] with the province,...