Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: thackney

RE: “Quebec didn’t have North Sea Oil Income.’

Scotland doesn’t have Quebec hydro electric income.


36 posted on 09/17/2014 2:18:45 PM PDT by Atilla_the_Hun (Reagan now more than ever)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: Atilla_the_Hun

The per capita value is more than 8 times greater for Scot’s oil versus Quebec’s hydro.

Hydro Quebec has ~36,000 MW generation capacity, last year produced 177,858 GWh, Exporting price averaged $50C/MWh or $8.1 Billion USD total generation.

Scottish waters produce 1.2 million barrels a day or 438 million barrels a year. Brent oil at the same time averaged over $100, call it $44 billion.

Quebec has 8 million people, Scotland 5.3 million.

Scotland’s Natural Gas alone would exceed the value of Quebec Hydro, oil would be in addition to that.


38 posted on 09/17/2014 2:46:13 PM PDT by thackney (life is fragile, handle with prayer.)
[ Post Reply | Private Reply | To 36 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson