Ontario Peak Electricity Demand Without Gas Plants

No Problem, Simply Plug in Your EV

Curiosity piqued today about Ontario’s “peak demand” yesterday due to the cold weather!  Reviewing IESO data at hour 18 (ending at 6 PM) indicates the January 24th peak was an average of about 21,260 MW.  While searching data on the IESO website it led to the discovery of a letter Jack Gibbons, CEO and Chairman of OCAA (Ontario Clean Air Alliance) had sent to IESO dated June 17, 2021 pushing their agenda to shut down those gas plants.

The letter was humourous as it displayed the way eco-warriors think.  Here is one message from the letter Gibbons believes will work in the event Quebec has no surplus hydro to sell us and/or the wind is not blowing or the sun isn’t shining during one of those “peak demand” hours or days!

One of Gibbons recommendations to eliminate gas fired generation during peak winter and summer hours was:

We can harness our electric vehicles’ (EVs) batteries to provide power to the grid during peak demand hours. According to Ford, its new F-150 Lightning pick-up truck can provide 9.6 kW of power to the electricity grid. Currently, Ontario has 9 million vehicles. If we have 1 million EVs by 2030, they could provide up to 9,600 MW to our grid during our peak demand hours.

Hmm, wonder how that would have worked at hour 18 yesterday?

At that hour our source of electricity came from: nuclear 10,721 MW, gas 5,866 MW, Hydro 5,143 MW, wind 847 MW solar 1 MW and biomass 62 MW.

At that hour wind and solar were operating at about 16.9% of their capacity which wasn’t enough to even supply Quebec’s needs.

At that hour we were exporting (not importing) 1,381 MW to Quebec because their demand was high.

At that hour OPG’s Pickering Nuclear Plant (scheduled to close in 2025) was generating 2,534 MW.

The OCAA under Gibbons is suggesting we would have no problems because all those “electric” F-150 trucks would be fully charged in -25 C weather.  One hopes when the team at IESO read Gibbon’s letter and the above paragraph they burst out in laughter. 

One should wonder if Gibbons bothered to actually do some research as he would have discovered; “As of October 2021, there are 66,757 EVs registered in Ontario” Gibbons should perhaps set up a Ford dealership and get busy selling 933,000 (at a minimum) of those trucks.  He should perhaps also consider the fact not everyone can afford the $58,000 cost and the 370 km limited range which will be considerably less on one of those -25 C days in our Canadian winters! Gibbons and the “charity” he runs apparently want to see Ontarians freeze in the dark as blackouts arrive when those damn batteries don’t deliver those “KW of power” he promised!

The OCAA is Seeking Future Blackouts for Quebec in the Winter

The Ontario Clean Air Alliance (OCAA) under Jack Gibbons was busy throughout 2021 making the rounds of various cities and municipalities throughout Ontario convincing them they should tell the Ford government to close all the natural gas plants in the province.  A total of 32 cities and municipalities joined hands with Gibbons thanks to inept (the only descriptive that made sense) councils and told the government of Ontario to shut those gas plants.  Gibbons somehow convinced them Quebec has a huge surplus of hydro generation that will easily replace those gas plants when our power demand needs them.  Apparently, none of those councils bothered to investigate Gibbons claim.

Gibbons bio indicates he is an “economist” and reportedly “studied economics at the University of Toronto (B.A.), Queen’s University (M.A.) and the University of British Columbia“!  We should have serious doubts about his claim based on the rhetoric associated with his push to close the gas plants. Gibbons comes across like a pitchman selling snake oil in the 18th and early 19th centuries.

If any of the mayors or council members bothered to do even a little research they would have discovered Quebec’s peak demand occurs in the winter.  Hydro Quebec encourage their ratepayers to use less power during the December to March period as 61% of households use electricity to heat their homes versus only about 17% in Ontario.

If the Ford led government in Ontario responded to the OCAA desires the results would have a negative effect on households in both provinces but in particular Quebec due to their peak winter demand*. 

A recent four (4) days of cold winter weather in both Ontario and Quebec dispel the “Gibbons/OCAA” notion!  Ontario was called on to provide considerable power to Quebec over those four days and without the availability of our natural gas plants (most of which were built to back up intermittent and unreliable wind and solar generation) our ability to provide that power would have been close to NIL as our Ontario demand was also relatively high.

Over the four days commencing January 13th through to January 16th we exported just over 106,000 MWh (megawatt hours) to Quebec for an average of 1,104 MW/hour and the peak day was the 16th with an average of 1,410 MW/hour.  Over those four days Ontario’s gas plants generated just over 395,000 MW so we were able to provide our neighbours with what they needed (27% of our gas plant generation) to keep those electric furnaces and baseboard heaters operating so they would avoid blackouts and freezing households.  We provided those 106,000 MW at an average cost of less than 5 cents/kWh based on the HOEP prices over those four days so their cost didn’t drive up Hydro Quebec’s energy prices whereas Ontario’s ratepayers lost money on every kWh exported.

Carbon Credits please

Perhaps Hydro Quebec should either provide Ontario with “carbon credits” or pay the Federal “carbon tax” for the power supplied, allowing us to recover some of the costs for that natural gas generated power to keep them warm. Unfortunately, Ontarians should doubt that will ever happen!

* In Québec, peak periods occur during winter because so many of us heat our homes with electricity.

IESO Reports IWT Delivered a Miserly 6 MWh at 1 PM on December 30, 2021

The IESO (Independent Electricity System Operator) reports the delivery of MWh (megawatt hours) hourly and also tell us IWT have a grid connected capacity of 4,783 MW representing 13% of all grid connected generation sources. IESO also reports what each generation source supplies to fill the needs of Ontario demand each hour of the day.  It comes as a bit of a shock to look at what happened at 1 PM on December 30th and note that all the IWT capacity generated only 6 MWh or 0.125% (one eighth of one percent) of their capacity at that hour.

IWT have special rights built into their contracts in Ontario granting them “first to the grid” privileges and the foregoing highlights the complete ineptitude of those who granted them those rights!

The foregoing wimpy action shouldn’t be considered the only aberration within the 24 hours as those IWT were exceptional at demonstrating their unreliable and intermittent habits for the full day.

Had those IWT performed at 100% of their capacity they would have delivered 114,792 MWh over the 24 hours but what they actually delivered was 6,185 MWh or 5.3% of their capacity despite their “first to the grid” rights!  To highlight their failures further they delivered 5,254 MWh (84.9%) during low demand hours from 1 AM to 7 AM* and from 8 PM to midnight.

Ontarians should be thankful we have the availability of reliable nuclear, hydro and natural gas plants to step up when wind and solar are absent. The availability of natural gas generated in Canada at affordable rates will prevent the calamities currently evident throughout the UK and EU countries where the cost of electricity has skyrocketed due to wind’s absence.

*Hourly output starts from the time noted by IESO.

Industrial Wind Turbines Once Again are Up to Their Old Tricks

Those IWT brought to Ontario by the McGuinty/Wynne led Ontario Liberals, during the time they governed the province, once again showed their ability to suck money from ratepayers and taxpayers pockets on December 12, 2021. 

The heavy winds arrived on December 11th and caused power outages to 280,000 customers due to broken poles, fallen trees and hazardous road conditions as reported by Hydro One.  While the winds decreased somewhat, IESO data indicates they were more than sufficient to allow them to generate 73,849 MWh the following day (December 12th) as well as what looks to be another 2,800 MWh of curtailed generation. The combined cost was approximately $10,306,000 and for 17 of the 24 hours they beat hydro generation.

Naturally, and as often occurs, we didn’t need the generation from those IWT so IESO were busy exporting surplus power for the full day and almost 52,000 MWh were sold to our neighbours in Michigan, NY and Quebec for the average price of $20.03/MWh (2 cents/kWh). What that tells us is we generated about $1,042,000 from the sale of those exports.

If one assumes (with a fair degree of confidence) those 52,000 MWh sold to our neighbours all came from the unneeded IWT generation for the day we basically gave away over $7 million of our ratepayer/taxpayer dollars and paid $388/MWh (38.8 cents/kWh) for the 23,849 MWh of IWT generation actually utilized in Ontario.  

I’m sure the owners of those IWT were delighted we Ontarians were so generous with the handouts we gave them instead of us giving gifts to those many families suffering from “energy poverty” throughout the province.

Perhaps the Ford led provincial government should have a serious look at how some of these wasted dollars could be recovered from the IWT owners to help those Ontario families and small businesses suffering from energy poverty caused by the intermittent and unreliable wind turbines.  

Hour 19 on December 8, 2021 Shows Why Ontario needs Gas Generation

Should one bother to look at the Independent Electricity System Operator (IESO) data for hour 19 on December 8th one would note Ontario’s natural gas plants thankfully produced 30.4% (6,399 MWh) of the entire hour’s generation which was just over 21,000 MWh. Without gas generation Ontarians would have experienced rolling backouts much like California does on high demand days.

While gas plants were thankfully, at the ready, our nuclear (8,510 MWh) and hydro (5,076 MWh) plants were reliant as always, generating 64.7% of the hour’s needs.  Collectively those three dependable sectors produced 95.1% of the entire hour’s generation. The balance of 4.9% (1,033 MWh), largely unneeded, came from wind, and biomass as the sun had set so no solar generation was produced.

Ontario demand during the hour was a shade over 20,000 MWh so IESO exported the unneeded generation to Quebec (556 MWh), NY ((369 MWh) and Michigan (452 MWh) and thankfully because demand was higher due to the colder weather the market driven HOEP (hourly Ontario energy price) averaged $94.44/MWh meaning the cost of the surplus generation had a minor impact on costs paid by the ratepayers and taxpayers of the province.

It seems strange Ontario’s ratepayers are much better off when the sun isn’t shining or the winds not blowing hard but that is what the GEEA (Green Energy and Economy Act) brought us.

On an unusually cold day like December 8th we should be thankful for the readily available gas plant generation we have. Those gas plants (contracted to backup intermittent and unreliable wind and solar generation) ensured we would not be hampered by rolling blackouts.

So, all you municipal politicians in Ottawa, Toronto and elsewhere in the province, PLEASE tell us why you are demanding those reliable gas plants should be shut down! 

Wind Generation in the middle of the night wastes ratepayer and taxpayer dollars

Today, November 26, 2021 at 3 AM the wind was blowing and those IWT (industrial wind turbines) generated 3,677 MWh or 81.2% of their rated capacity of 4519 MW at that hour. Ontario’s demand was low though at 12,941 MW so IESO were busy selling our surplus as total generation was 15,361 MWh.

IESO exported 1,375 MWh to Michigan, 658 MWh to New York and 578 MWh to Quebec. Those 2,611 MWh we sold went for pennies on the dollar as the HOEP (hourly Ontario electricity price) was a miserly 1.33 cents/kWh.  At the same time, one should surmise IESO instructed OPG to also spill hydro.

It is obvious Ontario didn’t need the IWT generation at that hour but they have a bad habit of generating power when it’s unneeded and fail to deliver it when demand is high during hot summer days.

So, Ontario sold the 2,611 MWh to our neighbours for the princely sum of $13.30/MWh which generated $34,726 but paid those IWT generators $135/MWh so they received $352,485 for those unneeded 2,611 MWh meaning Ontario’s ratepayers and taxpayers picked up the loss of $312,759 for just that one hour.

The full night for the 7 hours from midnight to 7 AM had those IWT generating 28,460 MWh so the likely cost to Ontario’s ratepayers and taxpayers was over $2 million for just those seven hours. 

We should all assume those IWT were also busy chopping up birds and bats and causing rural residents sleeping problems in addition to adding to the costs of our electricity bills.

Sure, would-be good news if the Ford government actually did something to reduce the costs of generating electricity other than simply transferring the costs to taxpayers and increasing our provincial debt!

Quebec has joined the BOGA(man), Beyond Oil and Gas Alliance

When first viewed, the word “BOGA” created mind thoughts of things like, boogieman, bafflegab, the Boogie Woogie Bugle Boy, etc. etc.  Looking further clarified it as the acronym for a COP 26 creation known as “Beyond Oil and Gas Alliance”!

The article where “BOGA” appeared was dated November 11, 2021 and headlined as; “COP26: Denmark and Costa Rica launch ambitious alliance to phase out oil and gas”. The article went on to state: “Led by Costa Rica and Denmark, the Beyond Oil and Gas Alliance (BOGA) saw six full members, France, Greenland, Ireland, Quebec, Sweden and Wales, announced at COP26 today“ and further stated; ‘Each member will commit to ending new licensing rounds for oil and gas exploration and production. They must also set an end date for oil and gas production and exploration that is aligned with Paris Agreement objectives.“  Reading further it disclosed California and New Zealand also joined the alliance as associate members and Italy became a ‘Friend of BOGA’.

Looking at the two founding countries of BOGA is interesting:

Costa Rica generates 72% of its electricity from hydro, almost 15% from geothermal sources, 12% from wind and a small amount from biomass and solar.  Costa Rica consumes just under 10 TWh (terawatt hours) of electricity annually. (NB: For context, Toronto Hydro delivered almost 24 TWh in 2020)

Denmark’s electricity consumption in 2019 was 33.7 TWh.  Generation from fossil fuels and waste was 20% (7.4 TWh), wind was 57% (19.2 TWh), solar 3% (1 TWh) and the balance came from net imports. Up until very recently Denmark held the # 1 spot as the EU country with the highest electricity rates but they recently were relegated to 2nd place by Germany.

The other issue with Denmark is related to their purpose in creating BOGA! They are home to the world’s biggest wind turbine manufacturer, Vestas, the fourth largest employer in Demark with 29,000 employees. Denmark is also home to the world’s top developer of offshore wind farms, Orsted. It seems obvious why Denmark played the major role in creating BOGA as those two companies will reap the benefits going forward and the Government will reap the rewards from any jobs created as Denmark also has the highest personal tax rates in the EU.

As if to exacerbate the BOGA affect, Denmark’s Minister for Climate, Energy and Utilities Dan Jorgensen, in early September announced they were looking for partners in respect to their plan to construct a $34 billion manmade “energy island” and hundreds of “offshore industrial wind turbines” to help the country achieve “climate neutrality by 2050.”  Missing from the equation and braggadocio of Denmark’s Jorgensen, was how those “hundreds of offshore industrial wind turbines”; kill birds and bats, affect marine life or how they will be recycled when they reach their end-of-life.   As demonstrated by countries around the world many parts of those IWT along with solar panels will simply be buried as has continually happened with those fiberglass turbine blades.

Costa Rica, the other co-founder of BOGA, as noted above, appears to generate 100% of its electricity from renewable sources and one can easily find articles supporting that fact.  Funnily enough, despite those commendations about renewable electricity for Costa Rica their main import is “refined petroleum” which in 2019 was $1.52 billion.  An article in the Guardian from 2017 headlined: “All that glitters is not green: Costa Rica’s renewables conceal dependence on oil” went into considerable detail including the fact “renewables make up less than a quarter of the nation’s total energy use.”  The article went on to note an “explosive growth in private vehicles is causing more than just pollution. Traffic in the capital, San José, has become almost unmanageable, with the city earning the worst ranking for congestion in Latin America, according to a study by the navigation app Waze.”

The foregoing suggests things are not as they appear despite the “back slapping” at COP26 associated with powering the electricity sector with industrial wind turbines, solar or hydro. Those few locations around the world fortunate enough to have been graced with an abundance of hydro power by mother nature like Costa Rica and the province of Quebec should not be critics of those less fortunate.

Apparently, it is perfectly acceptable to claim you are going all out to push the “renewable energy” button while you import oil to refine it, as Quebec does, or import it in a refined state as Costa Rica does, or in the case of Denmark, extract it for sale to others.

The obvious hypocrisy of the whole UN COP 26 climate conference is easily exposed from just this small segment of what those 30,000 Glasgow attendees developed over the two-week event.

Dialing the temperature up or down is beyond the control of humankind except to a very small extent as many scientists (not invited to attend COP 26) have stressed in various peer reviewed studies over many years. 

We should all be afraid of the UNIPCC “BOGA man”!

Oops, They did it again and again—those Industrial Wind Turbines

Ontario’s industrial wind turbines (IWT) recently reminded me of the Britney Spears hit in the year 2000, “Opps…I Did It Again” and like she repeated in the song; Ontario’s IWT have, “done it again”!  How wind performed on November 9, 2021 is atypical! At the midnight hour those IWT generated quite a bit of unneeded power running at 37% of rated capacity (4,568MW) generating 1,693 MW but eleven hours later they were generating only 65 MW and running at 1.5% of rated capacity (4,307MW) when demand was considerably higher.

If we jump ahead to the following day November 10, 2021, at Hour 5 (5AM to 6AM) those IWT were running at 21.4% of their capacity generating 959 MW but by 11 AM their output had collapsed and they were running at only 1.7 % of capacity producing 72 MW despite the fact demand had increased quite a bit from 5 AM.

As one should surmise, unlike nuclear, hydro or gas generation; IWT (solar also) generation is dependent on the weather. As is obvious, from just the past two days, IWT are extremely intermittent and therefore should be considered unreliable. Thanks to the McGuinty/Wynne led Ontario Liberals IWT were granted special treatment commanding “first to the grid” advantageous rights.

Needless to say, Ontario’s grid operator, IESO, must deal with the vagaries of generation from IWT presumably causing much more intense scrutiny in situations where demand is increasing but variable generation from wind and solar is falling. The same situation applies when demand is falling but variable generation from IWT are quickly rising.  Their job would be much easier without variable generation and ratepayer bills would undoubtedly be quite a bit lower!

It would be a much better scenario without variable wind and solar instead of getting ready for the “Oops” when we in Ontario experience the problems they had to confront  in California, South Australia, the UK (in time for COP 26) and of course the Texas power crisis in February of this year that cost many lives.

Hey, Premier Ford, take away the special rights granted to those IWT and: “don’t, do it again”!

PS: A contact of mine sent me this graph that shows the ups and downs of industrial wind generation outlined above. A picture is worth a thousand words as the expression goes!

Quebec, Trudeau’s poster child, trying to reach net-zero by going full blast on EV

The province of Quebec is blessed with natural resources in the form of rivers and lakes that Hydro Quebec has damned to generate what is labelled as clean electricity.  As a result of their resource benefits, their 2020 annual report notes their residential rate of 7.3 cents/kWh (kilowatt hour) are the “lowest in North America”!  The report also states $3.6 billion was a “Contribution to the Quebec government’s revenue in 2020”.

Attempting to find the average rates for Ontario is almost impossible and depends on your LDC (local distribution company) and their charges for distribution, regulation etc. on top of the cost of generation.  As one example Hydro One have several residential rate categories combined with TOU (time of use) metrics varying from a low of 13 cents/kWh to over 20 cents/kWh with the average in the range of 17 cents/kWh.  Those costs naturally have an effect on per capita usage so for the 2020-year Ontarians consumed 139.5 terawatts (TW)* whereas Quebecers consumed 171.4 TW*.  On a per capita basis Quebecers consumed just over 20 MW annually whereas it was less than half that in Ontario at about 9.5 MW. 

Back in November 2020 Premier Legault announced a $6.7 billion five year plan to cut emissions. The main focus seemed to be aimed at banning all gas car sales in 2035 and electrification of 1.5 million vehicles, by 2030, including city buses (55%), taxis (40%) and school buses (65%)!

Those various EV will need those large batteries to power them and that means they will weigh more. As expected, the Ford Lightning weights 1,600 pounds more than an ICE powered Ford 150.  That will presumably have more of an impact on the deterioration of asphalt meaning more frequent road repairs but where is that money going to come from?  A large part of our gas taxes currently are slated for keeping our road and highways in reasonable shape but (to the best of my knowledge) those road repair taxes don’t apply to EV! The other issue is recycling those batteries as they “contain hazardous materials, and have an inconvenient tendency to explode if disassembled incorrectly” and “Currently, globally, it’s very hard to get detailed figures for what percentage of lithium-ion batteries are recycled, but the value everyone quotes is about 5%,” says Dr Anderson. “In some parts of the world it’s considerably less.”

As if to amplify the issues with those batteries they are much less effective in cold weather so will require more frequent charging during Quebec’s cold winters which is when their “peak demand” occurs so will Hydro Quebec need to restrict electricity use further?  They already offer customers a “dynamic pricing” break for lowering consumption during 7 hours on a winter day.  The number of EV registered in Quebec as of March 31, 2021 were 85,486 or 1.5% of over 5.8 million road vehicles (2019 stats) so if that increases to Premier Legault’s target of 1.5 million on the road by 2030 we should suspect Quebec will be severely restricting consumption and by then trying to figure out how to recycle the batteries.

It turns out some of those batteries will be manufactured in Quebec as PM Trudeau and Premier Legault in March 2021 got together and announced they would lend Lion Electric Co., a Montreal based manufacturer of electric trucks and buses $50 million each to establish a $185 million lithium-ion battery assembly plant in Quebec. Certain conditions would allow $30 million of that $100 million to be forgivable. Quebec’s Economy Minister, Pierre Fitzgibbon, stated “If we play our cards right, we could become world leaders in this market of the future,”

A Financial Post article about Lion Electric said; “The company went public this past May and has Power Corp as a major investor owning 36 per cent of Lion.” Just another epitome of the “Laurentian Elite”.

If one moves along to a week ago the news broke further about Lion Electric and how they received an order (conditional) for 1,000 electric school buses.  Needless to say, that was big news and was carried extensively in various big and small media outlets. Reviewing several of them you find Lion is expanding south as an article in the Cantech site said; “Lion said the construction of a shell building at its Joliet, Illinois, manufacturing facility was 80 per cent complete and was expected to begin production during the second half of 2022.”  One wonders will that site be supplying those “school buses”?

An article in Global News starts off with: “The Lion Electric Co. says it has received a conditional order for 1,000 electric school buses from Student Transportation of Canada, whose parent company is controlled by Quebec’s pension fund manager.” Hmm, all in the family!

So, it appears the “sainthood” sought by Legault and Trudeau by their attendance at COP 26 is being financed by the taxpayers of not only Quebec and the Federal Liberal government but also by the Alberta taxpayers. The latter provided the bulk of the equalization payments resulting in Quebec receiving $13.2 billion of the $22 billion Alberta coughed up in 2019 alone.

The Laurentian Elites love it but we should guess Albertans will hope all those 1.5 million EV charging their “made in Quebec” batteries will cause blackouts!

*Net of imports and exports.

Maybe Alberta’s Premier should hold off asking for Constitutional Changes to the Equalization Formula

The past week was an interesting one here in Canada as a couple of major provincial announcements from the east (Quebec) and west (Alberta) suggest what appears to be a major conflict on energy sources and the flow of tax dollars related to the “Equalization Formula”.

On the latter; in 2019 Alberta contributed $22 billion more in tax revenue than they got back from the Federal government according to a Fraser Institute review whereas Quebec in that year, received $13.2 billion or 66.9% of total equalization payments.

Those equalization payments have seemingly annoyed Albertans as clearly demonstrated via a recent referendum resulting in almost 62% voting to revise the “constitution”. The principal reason expressed by Alberta Premier Kenney why Albertans supported the referendum was; “to demand a repeal of “discriminatory” environmental laws that hurt Alberta’s energy sector.”  Needless to say, the push to eliminate fossil fuel generation has impacted the Alberta economy and forecasted to do more harm.

While many of those “environmental laws” were imposed by the Trudeau led Liberal minority government another recent “related event” presumably played a role!  That event was how Quebec Premier Legault suddenly announced: “The government of Quebec has taken a decision to renounce, definitively, extraction of hydrocarbons in its territory,” and labelled it as “a recipe for prosperity in an emerging age of international consensus on preventing drastic climate change by cutting fossil fuel carbon emissions blamed for global warming.” Needless to say Premier Legault will attend COP-26 where he presumably hopes to be honoured for Quebec being blessed with hydro dams. Legault noted those dams “enable us to attract investment because, in future, enterprises that want to produce goods without emitting greenhouse gases are going to find in Quebec an incomparable land of opportunity”.

As is to solidify Premier Legault’s anticipated blessing at COP 26 it is interesting to note Quebec accounts for 46% of all EV (electric vehicles) registrations in Canada perhaps related to their generous grants and cheap electricity rates. 

It seems ironic Albertans contribute their tax dollars to allow Quebecers to receive an $8K grant from Quebec (coupled with one for $5K from the Feds) to purchase a Tesla EV!

Does Premier Legault see lithium demand fueling Quebec prosperity?

The foregoing question is one that could be weighing on Premier Legault’s mind and why he dismissed exploration and extraction of hydrocarbons (fossil fuels) in Quebec even though they may well have untapped and significant resources particularly related to natural gas.  As it turns out Quebec also has lithium reserves which are currently in high demand and recently forecast to reach as much as US$30,000 per metric ton in the spot market. Couple those lithium reserves with another forecast suggesting its demand will grow at average annual rates of 30%* and one can see why Premier Legault is excited about the net-zero push.

As it to top things off back in late March of this year the US Department of Commerce “held a closed-door virtual meeting with miners and battery manufacturers to discuss ways to boost Canadian production of EV materials, according to documents seen by Reuters.”  The article describing the meeting noted a month before; President Biden and PM Trudeau committed to building an EV supply chain between the two countries. Interestingly two US mining companies (Livent and Pallinghurst) have invested in Canada jointly purchasing “the Nemaska lithium project in Quebec, in what will be North America’s largest lithium mine.” Livent was one of the 30 or so companies present at the ”closed-door” virtual meeting as was Tesla.  Another interesting article from July 2020 noted a California based company; KoBold Metals, “financed by well-known billionaires including Jeff Bezos, Ray Dalio, Michael Bloomberg, Richard Branson and Gates” has been attracted to Quebec.  KoBold’s principal focus is on finding “cobalt” and nickel deposits (secondary) both used in the manufacturing of those EV batteries.  They have acquired “rights to an area (in Quebec) of about 1,000 square kilometres (386 sq. miles), where it plans to begin collecting geophysical data before the end of the year.” It should be apparent why many of the “billionaires” behind KoBold push the “net-zero” concept. It is to simply make themselves even richer at a huge cost to the rest of us commoners. 

From all appearances Premier Legault sees the push for net-zero and elimination of fossil fuel use as a gamechanger for Quebec by attracting investors seeking minerals for EV.  Those incoming investments will (he believes) create well-paying jobs and rocket Quebec’s economy up to surpass Alberta’s on a per capita basis. His wish perhaps, is to see Quebec vault to become Canada’s richest province.  Should that happen because of the demise of fossil fuels Quebec may find itself as “The Province” doling out those “equalization” monies.

Maybe Premier Kenny should hold off before insisting on revisions to the equalization formula, as in the future, when the world has achieved the goal of the eco-warriors and our demented politicians, Quebec will be rife with cash and the rest of Canada will be the beneficiaries. 

We will all surely need it, should the foregoing happen, as we will be struggling to survive without reliable power to keep us warm in our cold winters and many of us will, by then, be living in poverty.

*BYD a major Chinese battery manufacturing company recently announced they will raise battery prices by 20% due to raw material costs.