Friday, May 20, 2011

10 for 10: Ontario's Surplus Baseload Generation

The latest SBG report shows there are only 10 hours during the next 10 days when Ontario is capable of not producing too much supply for Ontario's market.
Over the first 130 days of the year, Ontario's net exports grew 50% from last year, while the market price (HOEP) dropped 8%.  The variance between the price Ontarians pay, and exports, is the global adjustment.

In 2011 this means export customers have paid approximately $143.8 million dollars less than Ontarians would have paid for the same amount of electricity (3,745,460MWh of net exports at $38.39/MWh).