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Posts Tagged ‘Ontario Liberals’

News release from the Government of Ontario today:

June 21, 2011

McGuinty Government Builds Clean Energy Economy As Province Continues To Turn The Corner

Ontario’s shift toward clean, renewable energy is strengthening the province’s economy by attracting good jobs, investment and opportunities for Burlington-area families.

Siemens Canada recently made its first shipment of solar inverters for Ontario’s growing clean energy economy to two solar farms. The inverters manufactured at the company’s Burlington facility each year will enable solar projects in Ontario to produce enough electricity each year to power 32,000 homes. The company is on its way to creating 50 jobs as a result of this clean energy strategy.

Ontario is replacing dirty, coal-fired plants with cleaner sources of renewable energy like water, wind, solar and bio-energy. It’s part of the province’s plan to keep costs down for families today, while building a clean, modern and reliable electricity system for tomorrow.

Ontario’s Green Energy Act will create 50,000 clean energy jobs by the end of 2012. Over 13,000 jobs have already been created as a result of our plan.

QUOTES

“Ontario’s clean energy economy continues to grow, creating thousands of good jobs and attracting billions of dollars of investment for Ontarians. Our Long-Term Energy Plan is replacing dirty coal, while cleaning up the air we breathe and building a healthier future for generations to come.”

 – Brad Duguid
Minister of Energy

But.

Here is retired banker Parker Gallant’s critical review of the numbers. A very different story!

OK! Now let me get this straight, according to Duguid:

“The inverters manufactured at the company’s Burlington facility each year will enable solar projects in Ontario to produce enough electricity each year to power 32,000 homes. The company is on its way to creating 50 jobs as a result of this clean energy strategy.” According to standard consumption used by Duguid and the utility companies, the “average” consumer uses 800 kWh per months or 9.6 mWh per year. So, 32,000 homes would require a 35-MW electricity generating unit running at 100% capacity to produce the 300,000 mWh (35 X 8740 hours in a year) those households need. As solar only delivers approximately 13 % of its rated capacity, we would need 369 MWs of solar capacityto power those 32,000 households. The solar generators would earn an average (ground mounted 64.2 per kwh & roof mounted 80.2 per kwh = 144.4 cents / 2 = 72.2 cents) of $722 per MWh creating revenue of $216-million versus current average billing to consumers of about $80 per MWh which would represent a cost of $24-million.

So the subsidy to create the 50 jobs that Duguid claims is $192-million  ($216 -million less $24-million of current cost = $192-million) or $3.8million per job. Now that makes a lot of sense eh?

 

Our question: if you “continue to turn the corner” at some point aren’t you going in circles?

E-mail us at northgowerwindactiongroup@yahoo.ca

Remember the showing of Windfall this Sunday at the Alfred Taylor Centre in North Gower, 2 PM> $5 admission, limited seating.

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