Conservation: wasted in Ontario
If you follow my work you already knew of natural gas-fired power plants having their contracts essentially bought out. Antonella Artuso has provided the opportunity to read the story presented with the skill of a professional journalist - and she uncovered an estimate on the savings provided: "Atlantic Power Corp. has announced it is idling plants in North Bay, Kapuskasing and Nipigon but will be paid until the end of its contract on Dec. 31, 2017, while Northland Power’s Iroquois Falls facility says it will produce less power until April. TransAlta Corp. has stated that its new contract provides a fixed monthly payment until Dec. 31, 2018, with “no delivery obligations.”... The IESO will not provide information on how much the NUGs are paid, but told the Toronto Sun that the replacement NUG contracts will generate “ratepaye r savings of up to $53 million over the next two years. ” Included in my post on the same topic; Should numbers be disclosed, the value of the IESO's emp...