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.

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.
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.

No comments:

Post a Comment