Economic Issues

power failure

 

Terence Corcoran October 7, 2010

The soaring price of electricity is due to the green-energy activism of George Smitherman

The Swedish retail giant IKEA announced yesterday it will invest $4.6-million to install 3,790 solar panels on three Toronto area stores, giving IKEA the electric-power-producing capacity of 960,000 kilowatt hours (kWh) per year. According to IKEA, that’s enough electricity to power 100 homes. Amazing development. Even more amazing is the economics of this project. Under the Ontario government’s feed-in-tariff solar power scheme, IKEA will receive 71.3¢ for each kilowatt of power produced, which works out to about $6,800 a year… Read more

we're in the darkWhat could bring down Ontario’s Liberals? It’s not e-Health, a routine case of consultants run amok that ended with everyone being fired. It’s not even the hated HST, a huge tax increase that citizens have choked down in the line of duty with scarcely a whimper. No, it’s their power bills.

If you haven’t opened your September hydro bill yet, you’re in for a shock. Rates have risen 18 per cent this year to date, and that’s just the start. By this time next year – election time – Ontario power consumers will be forking over about twice as much… Read more

PEI's wind plan
RICHARD BLACKWELL

CHARLOTTETOWN- From Tuesday’s Globe and Mail

In October, 2008, Prince Edward Island Premier Robert Ghiz made a bold promise. The province was going to dramatically increase the amount of wind power it produced, boosting production to 30 per cent of its total electricity consumption from the 18 per cent it then generated.

The move would make the province a green powerhouse, and the North American jurisdiction with by far the highest proportion of wind-generated electricity. At the same time, PEI would become an energy exporter – despite having no other homegrown sources of power – by building additional… Read more

house of cardsThe International Energy Agency (IEA) recently issued their 2009 Wind Energy Report. Brian Smith, chair of the IEA Wind Executive Committee, states that wind member countries “installed more than 20 gigawatts of new wind capacity” (nameplate capacity). The report was written by representatives of 20 member countries, consisting of 14 European nations, Australia, Canada, Japan, Korea, Mexico, and the United States.

Read more

Billions blown on wind farmsDaily Express

Friday September 24 2010

BRITISH consumers are coughing up £1billion a year to support renewable energy without realising it, a leading expert revealed yesterday.

And the Government-imposed charge will have raked in around £30billion within a decade.

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Professor Ian Fells, Emeritus Professor of Energy Conversion at Newcastle University, spoke as the world’s biggest wind-power facility was launched officially off the Kent coast.

Thanet Wind Farm has 100 turbines and could generate enough electricity to power 200,000 homes a year, bringing the Britain’s total wind power to 5GW.

But Prof Fells… Read more