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Newfoundland, Quebec reach 'historic' hydro deal.
The Calgary Herald ^ | April 2, 2009 | Canwest News Service

Posted on 04/03/2009 4:45:31 AM PDT by thackney

Newfoundland and Quebec reached what Premier Danny Williams described as a historic deal Thursday that will, for the first time, see Labrador hydroelectric power transmitted through Quebec to the North American marketplace.

Mr. Williams said the province’s energy corporation, Nalcor Energy, through its subsidiary, Newfoundland and Labrador Hydro, has signed an agreement to "wheel" power from the Upper Churchill Hydroelectric station through Quebec to the Canada-U.S. border.

"This is truly a historic and momentous occasion for the people of our province, as never before have we been granted access through the province of Quebec with our own power," he said.

Mr. Williams said the five-year transmission service agreement with Hydro-Quebec is expected to generate between $40-million and $80-million per year for the province.

He also said Newfoundland has signed a two-year deal with Emera Energy Inc., a subsidiary of Nova Scotia Power, which will market the power that flows through Hydro-Quebec’s power lines to the Canada-U.S. border.

"At the present time, we are working with Emera Energy to have our power get to these markets," he said. "Our goal is to eventually develop the expertise at Nalcor so that we can act as seller into final markets."

Mr. Williams said the agreements mean the province will get the "lion’s share" of the profits from the sale of the power, and as the price of energy goes up, the revenue for the province will also increase.

The premier said the move will not take any power away from communities in Labrador which will get its power first, but the surplus energy of between 130 and 250 megawatts of power, generated by the Upper Churchill, will now be sold for the first time to North American markets.

The move may also put the province in a better position to develop the Lower Churchill hydro project, he said.

Newfoundland and Labrador Hydro has had a power purchase agreement with Hydro-Quebec for recall power from the Upper Churchill since 1998. The last renewal on that contract expired at the end of March.

"This is a significant development for us to share our excess green renewable energy with the rest of North America through our transmission access through Quebec and our subsequent arrangement directly with Emera Energy," said Kathy Dunderdale, minister of natural resources. "These markets are seeking clean, reliable energy, which we have in abundance."


TOPICS: Canada; News/Current Events
KEYWORDS: electricity; energy; hydro

1 posted on 04/03/2009 4:45:32 AM PDT by thackney
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To: thackney

Cant help notice the theme here...our neighbors up north seem to be doing a lot more to help their economy than we are doing in the USA....

While Canada grows economically...the US seems to just add illegals and H1Bs


2 posted on 04/03/2009 4:48:28 AM PDT by UCFRoadWarrior (The Biggest Threat To American Soverignty Is Rampant Economic Anti-Americanism)
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To: UCFRoadWarrior

You know that this will only add to the trade deficit we have with Canada, right?


3 posted on 04/03/2009 4:51:32 AM PDT by 1rudeboy
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U.S. Electricity Imports from and Electricity Exports to Canada and Mexico
http://www.eia.doe.gov/cneaf/electricity/epa/epat6p3.html

Home > Electricity > Electric Power Annual > Electric Power Industry - U.S. Electricity Imports from and Electricity Exports to Canada and Mexico

Electric Power Industry - U.S. Electricity Imports from and Electricity Exports to Canada and Mexico
                     
Table 6.3.    xls     pdf   format     

Table 6.3.  Electric Power Industry - U.S. Electricity Imports from and Electricity Exports to Canada and Mexico, 1996 through 2007
(Megawatthours)
Description 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Electricity Imports and Exports
Canada
Imports 50,118,056 41,544,052 42,930,224[R] 33,007,487 29,324,625[R] 36,536,479 38,401,598 48,515,476 42,911,308 39,502,108 43,008,501 42,233,376
Exports 19,559,417 23,405,387 19,320,280[R] 22,482,109 23,584,513[R] 15,231,079 16,105,612 12,684,706 12,953,488 11,683,276 7,470,332 1,986,361
Mexico
Imports[1] 1,277,644 1,147,258 1,597,275 1,202,576 1,069,926 242,596 98,649 76,800 303,439 11,249 22,729 1,263,152
Exports 584,176 865,948 470,731 415,754 390,190 564,603 367,680 2,144,676 1,268,284 1,973,203 1,503,707 1,315,625
Total Imports 51,395,702 42,691,310 44,527,499[R] 34,210,063 30,394,551[R] 36,779,077 38,500,247 48,592,276 43,214,747 39,513,357 43,031,230 43,496,528
Total Exports 20,143,592 24,271,335 19,791,011[R] 22,897,863 23,974,703[R] 15,795,681 16,473,292 14,829,382 14,221,772 13,656,479 8,974,039 3,301,986
  [1] Includes contract terminations in 1997 and 2000.
  R = Revised. 
  Note: Totals may not equal sum of components because of independent rounding.
  Source: DOE, Office of Electricity Delivery and Energy Reliability, Form OE-781R, " Annual Report of International Electric Export/Import Data," predecessor forms, and National Energy Board of Canada.   For 2001 forward, data from the California Independent System Operator are used in combination with the Form OE-781R values to estimate electricity trade with Mexico.

Other tables on U.S. Electric Power Trade: Formats
Table 6.1.  Electric Power Industry - Purchases html pdf xls
Table 6.2.  Electric Power Industry - Sales for Resale html pdf xls

see also:
Electric Power Monthly
Electric Power Annual
annual electricity statistics back to 1949
projected electricity capacity to 2030
international electricity statistics

 

4 posted on 04/03/2009 4:59:12 AM PDT by thackney (life is fragile, handle with prayer)
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