Witness Wind Cash Gobblers on September 22nd
What Ontario ratepayers expect in the Spring and Fall seasons started on the very first fall day (September 22, 2022) in the current year.
The 4,900 MW (about) capacity of grid connected IWT (industrial wind turbines) spread throughout the province could have generated 74,442 MWh (63.3% of their capacity) if the approximately 8,800 MWh of curtailed wind is included with the IESO accepted generation.
As it turned out IESO accepted 65,642 MWh and were busy finding a home for those MWh with our neighbours in Michigan, New York and Quebec who eagerly snapped up 61,757 MWh at the average bargain basement HOEP (hourly Ontario energy price) market price of $8.56MWh (0.86 cents/kWh).
The foregoing happened as we ratepayers/taxpayers are obliged to pay $135/MWh (13.5 cents/kWh) for the grid accepted IWT generation and $120/MWh (12.0 cents/kWh) for its curtailed generation given their “first-to-the-grid rights! What the above translates to is a total cost of $9,891,000 will be paid to the IWT owners. IESO had to sell off that unneeded generation to avoid overloading the grid and cause blackouts. IESO sold the bulk of it to our neighbours who paid about $529,000 which translates to a net cost to us Ontarians of $9,362,000 for power we didn’t need.
While it’s not unusual to see those IWT operate at levels of 40/60 % of their capacity it tends to always be during the spring and fall when Ontario’s peak demand is low. Yesterday was no exception as peak Ontario demand occurred at Hour 20 and was only 15,584 MW whereas on those warm summer days peak Ontario demand frequently hovers around the 20,000MW+ mark but wind generation is frequently missing or completely absent.
Those peak demand summer days is when the IWT take a holiday proving all they do is add to the costs of our energy supply with their intermittency and unreliability!
Pretty sure most Ontarians will be happy when those contracts given by the McGuinty/Wynne led government(s) finally expire and those IWT are shut down. Migrating birds and bats and households in rural communities affected by the high decibel noise and the infrasound affecting their health will, no doubt, be delighted!
To paraphrase the Dire Straits song; IWT owners get “money for nothing, but it sure ain’t free”!