Spring is Just Around the Corner and Ratepayers get Hammered

Most Canadians from coast to coast look forward to Spring arrival as we get excited about warmer weather and watching mother nature show her stuff.  Those Canadians living in Ontario however can be both happy and sad about Spring arrival as it has the bad habit of generating increased costs for one of life’s necessities which is energy with an emphasis on the cost of electricity.

Two recent happenings on March 19, 2023, bring the focus on the sad part of Spring arrival.  The first is more sunshine which creates more energy from those solar panels which under the McGuinty led government received contacts at ridiculous guaranteed rates as high as 0.80/cents a kWh. Now apparently, they have embarked on more hits to our pocketbooks as the first six (6) hours of March 19th suggests they can now produce power even when the sun isn’t shining as this screenshot from IESO demonstrates!

Solar Panel Generation When the Sun isn’t Shining?

As if the foregoing wasn’t enough weird news, on the same day as solar power was generated in darkness, we note IESO data supplied more bad news.  Normally at this time of year as the snow melts and water flows Ontario benefits from more generation from our hydro facilities which are also our cheapest and cleanest source of generation. As it turns out IESO data disclosed more bad news as the first three (3) hours of March 19th (two days before spring arrives ) those IWT (industrial wind turbines) generated more electricity than our hydro plants as evidenced in the following two screenshots.

Wind Generation Beats Hydro Generation!

To accentuate the foregoing those IWT did the same thing in the last three hours of the day as the following screenshots clearly show!

IWT Generation Hours 22, 23, 24!

Hydro Generation Hours 22, 23, 24!

Over the full 24 hours IWT generated a total of 92,447 MW or approximately 78.6% of their capacity and only slightly less than hydro which generated 94,511 MW but could have easily produced more.  Ontario was busy selling off the unneeded power which we (logically) should attribute to IWT generation to our neighbours at an average price of $14.86/MWh. We exported 53,308 MW so generated revenue of around $792K while we paid $135/MWh for it, so it cost Ontarians about $6.4 million for unneeded power.  We should also suspect IESO were busy telling OPG to spill hydro (we are obliged to also pay for) as demand was low and only peaked at 17,057 MW at hour 20.

The ups and downs of those intermittent IWT and solar panels are in the bad habit of generating lots of unneeded power during the spring and fall seasons when Ontario demand is low. They are the principal reason the Province of Ontario stiff taxpayers with annual additional costs of $6.5 billion in an attempt to hide the mess our electricity system is actually in.

Just one day’s data makes it obvious both of the foregoing sources of intermittent and unreliable electricity generation should be tossed in the garbage!

Author: parkergallantenergyperspectivesblog

Retired international banker.

4 thoughts on “Spring is Just Around the Corner and Ratepayers get Hammered”

  1. I am thinking of a blog post on what the McGuinty-Wynn government did to mess up our Ontario energy systems, especially electricity, and after that government lost to Ford many of the Ontario Liberal advisors went to Ottawa to teach Trudeau to make the same errors for all Canadians. Your thoughts about this?

    >

    Liked by 1 person

  2. Good idea Mr. Roman……….. but they will surely try to block you and they may even call you racist and fascist and sue you for it. Still I would like to see such a blog. ( figure out who “THEY” is)

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    1. I have already seen some articles saying the same thing about the Ontario Liberal staff advisors moving to Ottawa to become Federal advisors. I can’t blame the advisors for offering their opinions as advice, but I can and do blame the elected politicians for their policies, whether they adopted those policies by following the advice of these advisors or did so in their own beliefs.

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