Getting Zapped: Ontario electricity prices increasing faster than anywhere else
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(April 11, 2014) The Auditor General’s report released December 10, 2013, highlighted some of the problems inherent with taxpayer-owned Ontario Power Generation Inc. (OPG), particularly it’s above-market human resource costs. Continue reading
(March 12, 2014) Ontario Power Generation (OPG) on March 7, 2014, released its results for the year ended December 31, 2013, which claims they eked out an after tax profit of $135 million on gross revenue of $4.9 billion. Continue reading
(February 18, 2014) As a part of the revised Long-Term Energy Plan (LTEP) announced by Minister of Energy, Bob Chiarelli, on December 2, 2013, his ministry released a myriad of other information perhaps meant to either confuse or dazzle the reader. Continue reading
(February 11, 2014) Riddle me this! What do the Cement Association of Canada, United Steelworkers, Xerox and Middlefields Resource Funds (investors in oil and gas exploration and development) and Environmental Defence have in common?
(February 9, 2014) The CBC in an news item February 6, 2014, announced that the Canadian Revenue Agency (CRA) had launched an “audit” of some of Canada’s well known environmental charities and included on that list was Environmental Defence (ED).
(January 24, 2014) In the spring of 2013, Hydro One launched their new “real time” billing system, allowing them to generate an additional $160 million (reported as an $80 annual cost for a consumer of 800 kWh per month) of … Continue reading
Parker Gallant and Scott Luft: Polar Vortex almost generates a profit for electricity exports from Ontario
(January 20, 2014) The first seven days of 2014 ended with an average market price higher than it had been in years. On January 2, prices were sent upwards when neighbouring Quebec appealed for conservation during a bitter cold which had driven demand to near record levels. Continue reading