How Ontario and Quebec will both win through increased electricity trade
OCAA Chair Jack Gibbons discusses the advantages of Quebec water power imports.
The OCAA’s review of the province’s Long Term Energy Plan (LTEP) points to a number of opportunities and problems:
- Ontario can save more than $14 billion by importing electricity from Quebec rather than re-building the Darlington Nuclear Station
- Transmission system upgrades needed to take full advantage of Quebec water power could be paid for in less than one year from the savings generated by cancelling Darlington
- Despite promises to the contrary in the LTEP, the province is still assuming 93% of the risk of the Darlington project, which is almost certain to run over budget
- The Ontario Power Authority is negotiating a secret deal with Bruce Power that could be worth as much as $111 billion, yet the government has refused to commit to a public review of any agreement to ensure it is in the best interest of Ontario consumers and taxpayers.
- The OPA’s six-year conservation budget is less than one-fifth of the cost of a rebuilt Darlington Station despite the fact that power from Darlington will cost 2-4 times more than power saved through increased efficiency.
Looking at the big picture on electricity trade benefits:
- Read our full report on what an electricity deal could mean for both Ontario and Quebec English | Francais
- Read our factsheet on the climate advantages of a deal with Quebec
- Read our factsheet on the power available from Quebec
- Read our One Year Review of Ontario’s Long Term Energy Plan to learn more about how importing power from Quebec instead of proceeding with nuclear rebuild projects can save us billions.
- How Quebec can benefit by improving energy efficiency and making more low-cost electricity available for export: Higher Profits and Lower Bills: A New Electricity Strategy for Quebec
- View our infographic on the advantages of a deal with Quebec.