Ontario's electricity market generated over $23 million in October by exporting electricity to other states and provinces, bringing total net export revenues to nearly $248 million this year.I've done some quick graphing of estimates based on 12-month moving averages from IESO publicly available data. The first shows the estimated cost, per MWh, of exported electricity (at the Hourly Ontario Energy Price - HOEP), compared to the cost in Ontario (the HOEP plus the Global Adjustment).
This revenue helps Ontario:
- Keep costs down for families
- Build and maintain a clean, reliable and modern electricity system
This might benefit families ... if they live in Michigan.
'via Blog this'
-spreadsheet here
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