Sign up for free to get the latest from greenbang direct to your inbox
 
Home | Research Store | Work With Us | Events | Insight | Press | About | Newsletter | Contact

Canada pours $5.5 billion into shedload 2004MW of wind farms

Published Thursday, 8th May 2008

canadaflag.jpgBloody hell. While Greenbang was doing busy stirring the pot in honour of the Canadians’ decision to spend $13.6 million on fuel cell research, it seems the Canadians were all the time about to open their wallet of whoop-ass on the wind industry instead.

Government owned power company Hydro-Québec has just announced $5.5 billion of spending ($1.1 billion will go on transmission infrastructure) on 15 wind farm projects. The projects will see 2,004 MW of energy capacity come online between 2011 and 2015.

Hydro-Québec says the energy will cost around 10.5 cents per kWh – that’s 8.7 cents for the wind energy, 1.3 cents for transmission, and an estimated 0.5 cents for balancing service provided by Hydro-Québec Production.

One of the big winners will be the St-Laurent Energies consortium, whose members include the likes of EDF Energies Nouvelles, Quebec-based electricity producer Hydroméga and Renewable Energy Systems. The group will build five wind farms wuith 954 MW of capacity, and the first turbines should be up and running from 2011.

Bookmark and share:
  • Twitter
  • Google Bookmarks
  • LinkedIn
  • Facebook
  • Reddit
  • StumbleUpon
  • Digg
  • Slashdot
  • del.icio.us
  • email
  • Print
  • PDF




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.












RELATED NEWS

Latest Insight

Does oil-rich Middle East have a green destiny? thumbnail

Does oil-rich Middle East have a green destiny?

Think about Middle-Eastern OPEC countries like Saudi Arabia, Iran, Iraq and the United
Super-sized batteries sprout up around the world thumbnail

Super-sized batteries sprout up around the world

Smart meters, smart grids, electric cars, wind and solar power … there’s one
Newest electric cars make hybrids green with envy thumbnail

Newest electric cars make hybrids green with envy

It’s a good sign when cars once considered among the “greenest” around find

LATEST REPORTS
1

Who’s the leading smart-city brand?

More than half of the world’s nearly seven billion people now live in urban areas, and that proportion is expected to reach almost 69 per cent by 2050. To avoid pushing local and global systems to the point of collapse, cities will need to become much smarter and more efficient Read more ...
more info
2

Managing the smart-grid data overload

Developing the UK’s smart-grid infrastructure will require communications and data technologies that can manage far more information than utilities must handle today. That’s the focus of a strategy report from Greenbang Research: “Enabling the UK’s smart-grid future: The wireless spectrum debate.” The report answers such questions as: Should dedicated Read more ...
more info
3

Incentives fire up UK solar market

The introduction of the feed-in tariff (FIT) incentive policy on 1 April has sparked an explosive reaction in the UK renewable energy market with solar leading the way in installations, according to a new Greenbang research report titled, “The UK’s Feed-in Tariff: Impact, response and market trends for the decade Read more ...
more info