Thursday, February 16, 2012

In the News: Bentley's Time of the Month

It's that time of the month where the Ministry of Energy bleeds propaganda onto the province's web site.
Ontarians Benefit from Electricity Market:
February 16, 2012 4:00 PM
Ontario's electricity market generated over $22 million in January by exporting electricity to other states and provinces.
This revenue helps Ontario:
  • Keep costs down for families
  • Build and maintain a clean, reliable and modern electricity system
The $22 million is mentioned, but the volume isn't specifically noted.  Exports were approximately 1,098,317MWh and Imports about 240,534MWh.

Do the math and $22 million net revenue on net export works out to having an associated average price of about 2.56cents/kWh.
Ontario's government kept costs down for Ontario families by selling electricity to external markets at nearly a third the price they sell it to Ontario families.

Thanks.
And that is according to the figures that the government openly reports - which don't provide a full picture of how much generation flows from Ontario to external markets.
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The implication in the title is, aside from being an improper, crass, attempt at humour, not plausible.
Minister Bentley does not have a particular time of the month, because, as one can tell by looking, the Minister is quite clearly ... embalmed.


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