Cold Air from Wordpress

Ontario Minister Chiarelli has emoted a letter responding to Brady Yauch's excellent piece on the province's gluttonous "conservation" spending. Chiarelli's letter is targeted to Ontarians with lower bills. They'll be difficult to find. "Over the past four years, Ontarians have done something remarkable" states Chiarelli, but the Annual Yearbook of Distributors demonstrates quite the opposite - Ontarians have been done something remarkable: In 2010 Ontario's distributors had "Power and Distribution Revenue" of $12.8 billion and delivered 121.1 terawatt-hours (TWh) In 2014 Ontario's distributors had "Power and Distribution Revenue" of $16.7 billion and delivered 119.8 terawatt-hours (TWh) That's an increase of 30.5% collected for less consumption but, apparently, having "conserved enough energy to power a city the size of London for two years or every hospital in the province for a year." I recently showed t...

Parker Gallant summarizes the electricity situation as of July 14th, but things got more complicated with the release of final July global adjustment figures on the 17th. New splits for global adjustment classes took effect July 1, and for the new 12-month period the "class A" scheme hasn't worked to shift cost away from large users nearly as well as it has in the past. Good. Industry can't handle higher prices, but it's high time the "stakeholders" turned their attention to actual cost controls - such as Spain's action on renewable energy contracts - instead of sleight of hand tricks to get preferential treatments for their sector.

Required reading: Brady Yauch on curtailing the insane spending in Ontario's electricity sector.