cutting wind in Ontario
If the wind project is paid $0.08/kWh (the average tariff for projects in the province’s first renewable RFP)... The quote is from a 2005 document, Ontario Landowner's Guide to Wind Energy , produced by the Ontario Sustainable Energy Association. The Bank of Canada's inflation calculator indicates 8 2005 cents equate to 9.6 2016 cents. In 2016, Ontario announced new Large Renewable Procurement (LRP) contracts at 8.6 cents/kWh 5 wind contracts totalling 299.5 MW, with a weighted average price of $85.94/MW… Comparing the cost of industrial wind turbines in Ontario by the procurement cited in the 2005 report, and the one run by the IESO in 2016, there has been little change in price. In between these two procurements, over a decade apart, prices soared. There are no consumer benefits from the feed-in tariff mechanisms, introduced after the passage of the Green Energy Act. Between the start of 2009 and the end of 2012 the government, through the Ontario Power Authority, contracte...