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Wind projects in the air for
Central Huron
Melissa Murray
Clinton News Record
May 2, 2012
The two
wind projects proposed for
Central Huron cannot progress
until awarded a Feed-In-Tariff
(FIT) contract.
Last Wednesday, April 25, Leader
Resources Services Corp., held a
private landowners meeting to
update leaseholders about the
new Feed-In-Tariff guidelines
are and how that affects the
Twenty Two Degree and Summerhill
projects going forward...
more
The sorry lessons of green-power
subsidies
GWYN
MORGAN |Columnist profile
From Monday's Globe and Mail
Published Sunday, Apr. 29, 2012
8:00PM EDT
A recent study, co-authored by
Fraser Institute energy
economist Gerry Angevine, found
that Ontario residents will pay
an average of $285-million more
for electricity each year for
the next 20 years as a result of
subsidies to renewable energy
companies.
By the end of 2013, Ontario
household power rates will be
the second-highest in North
America (after PEI), and they
will continue to accelerate
while they level off in most
other jurisdictions. Even more
alarming for Ontario’s economic
competitiveness, businesses and
industrial customers will be hit
by almost $12-billion in
additional costs over the same
period.
Such is the legacy of the
provincial government’s 2009
decision to establish feed-in
rates, ranging from 44.5 cents
to 80.2 cents per kilowatt-hour
(kWh) for solar power, and 13.5
cents/kWh for wind power. These
solar feed-in rates average 11
times the 5.6 cents/kWh paid for
nuclear-generated power, and 18
times the 3.5 cents/kWh for
hydro-generated power. The
wind-power rates are more than
twice as high as nuclear, and
four times those of hydro.
Besides the direct cost of these
huge subsidies, there’s also a
big hidden cost of
fossil-fuelled standby
facilities, because the wind
doesn’t always blow and the
Ontario sun certainly doesn’t
always shine... more
If I wanted
Canada to fail... |