October 6, 2014

A picture is worth billions

This graph explains in one image why Ontario should be pursuing water power imports from Quebec instead of re-building our aging nuclear reactors. Combined with energy efficiency, Quebec imports are far cheaper than nuclear electricity, even under Ontario Power Generation’s most optimistic estimates. Even if we lock into a long-term contract at double the spot market price for Quebec water power, we will still come out ahead by billions of dollars. It really is that simple.

Ontario's Electricity Options: A cost comparison

See sources here

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– Angela Bischoff