Another weekend of paradise for wind developers in Ontario?
The weekend of November 9th and 10th were great days for the wind power developers but horrible for ratepayers as I pointed out in a recent article (on Energy Probe)—in fact, it cost Ontario ratepayers upwards of $20 million.
This past weekend was even better for the wind power developers who supplied the grid with almost 60,000 megawatt hours (MWh) in 48 hours and who were obligated to constrain (and got paid for constraining) what looks to be another 3,500 MWh.
While the developers were being paid for that, Ontario was busy exporting 119,000 MWh at an average price of $7.06 per MWh (.07 cents per kWh) on the Saturday, and on Sunday we received
67 cents per MWh. All of the exports generated around $450,000 over the weekend to slightly offset the dollars that will be billed to…
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