Wednesday, February 23, 2011

Ont. electricity rates expected to rise next week - Business - CBC News

Ont. electricity rates expected to rise next week - Business - CBC News

CAMECO's 2010 financials confirm a 2009 rate of $64/MWh was followed by only a $58/MWh rate in 2010 at Bruce Power - and it's projected to deline again in 2011 as wind continues to gut the market price - negatively impacting reliable suppliers.
The downward pressure on prices also impacts OPG's hydro assets, as a little under half of their production is unregulated hydro also cheapened by the market impact of unreliable wind supply guaranteed purchase priority.

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