Sue's Blog

Tuesday, July 25, 2006

I hope your keeping Notes

I hope everybody is noting the human and business devastation in California, New York, and a couple of other states from insufficient supply and a privatized transmission/distribution system. Industry is going to move from these areas to seek a more competitive environment. For industry it's where the power is reasonably priced, reliable, and if possible green and renewable.
Now we have a choice, sell them our power so they can wipe us out of our competitive edge, (power), or we can let them build costly thermal (oil) units and we will keep our competitive edge and attract the industry.
This is definately not ROCKET SCIENCE!
Read it HERE

Today's Power Musings


For immediate release
Montréal, June 8, 2006

Strategic Plan 2006–2010: Hydro-Québec renews its commitment to sustainable development


In its Strategic Plan 2006–2010, Hydro-Québec will continue to focus on its three main priorities: energy efficiency, complementary development of hydroelectricity and wind power—the two major renewable energy sources in Québec—and technological innovation.

For Hydro-Québec’s President and Chief Executive Officer, Thierry Vandal, the company’s commitment is clear: “The central theme of our Strategic Plan is sustainable development. This choice has guided us in setting our priorities,” he stated.

This Strategic Plan comes in the wake of the Québec government’s energy strategy, which stresses energy efficiency and the development of renewable energies.

Financial Outlook

Hydro-Québec anticipates net income of $2.5 billion per year from 2006 to 2010, in accordance with its shareholder’s expectations. During this five-year period, the company will pay $6 billion in dividends to the Québec government, as well as $2 billion in water-power royalties that will be allocated to the Generations Fund. Note that these royalty payments will have no impact on electricity rates. Over the same period, the company will purchase more than $10 billion in goods and services from Québec businesses and support the equivalent of 236,000 person-years in jobs.

Hydro-Québec Distribution

Hydro-Québec Distribution will continue to offer its customers reasonable rates. Based on current forecasts, the division will file an application with the Régie de l'énergie to raise its rates by 4.8% effective April 1, 2007. For 2008 to 2010, the estimated annual rate increases are 3%, 1.6% and 0.1%. All rate applications will be filed for approval of the Régie de l'énergie, which will conduct a detailed analysis. With regard to energy efficiency, the division is boosting its objective to 4.7 TWh by 2010 and targeting 8 TWh by 2015.

Hydro-Québec Distribution also plans to increase customer satisfaction. To this end, it will work harder at communication, improve the reliability of electricity service, and receive and process customer requests more efficiently. In addition, the division will continue to strive for greater efficiency and will step up its efforts to help customers who have difficulty making payments.

Hydro-Québec Production

Hydro-Québec Production will increase its generating capacity by accelerating project development. By 2014, the division will add 2,848 MW to its generating fleet, for an additional annual output of 15.8 TWh. The Eastmain-1-A/Sarcelle/Rupert project is of key importance in this regard: on its own, it will supply 8.5 TWh at a favorable cost of under 5¢/kWh. Hydropower development will give Hydro-Québec Production a 15-TWh margin of flexibility by the end of the decade, which is necessary to safeguard Québec’s energy security and maintain the company’s profitability.

As announced in the Québec energy strategy, Hydro-Québec Production will create a portfolio of projects totaling 4,500 MW, including developments on the Romaine and Petit Mécatina rivers, among others. All projects will have to meet three criteria: they must be profitable, environmentally acceptable, and favorably received by local communities.

Development of the hydroelectric generating fleet will enable the integration of wind power. Hydro-Québec Production will offer integration services for the 2,000 MW of wind power targeted by Hydro-Québec Distribution’s second call for tenders.

Hydro-Québec TransÉnergie

Hydro-Québec TransÉnergie will continue to develop the transmission system. It will invest $5 billion between 2006 and 2010 to maintain service reliability and quality and meet growing needs by integrating the new generating capacity. Among these investments, the division plans to build a new 1,250-MW interconnection with Ontario.


Sue's thoughts on the News Release

Please note the last paragraph. Look closely at the timelines. Look closely at the MW's and you will probably notice the Lower Churchill Power floating right out of Labrador to Quebec and through that new interconnection to Ontario.

Not to worry, I believe Newfoundlanders and Labradorians are allowed to work in Ontario where they will use our energy to fuel new industry.

Maybe Quebec can hire some Labradorians to build the line that will rob their power and their future.

You see any fool can sell hydro-power to an energy thirsty world but it takes REAL business prowess to sell it to industry right here at home.

Keep the blind faith - and the future will be in Ontario and Quebec.



Monday, July 24, 2006

Lets start exploring Hydro Quebec

It's time Newfoundland and Labrador understood what Quebeckers have known for a long time.
Start by pressing HERE!

Hard to Keep up!!!

Let me see now. First of all our Speaker is up to it again. This time he went to the AG to ask for a review to 1989, only to be educated by John Noseworthy as he gave him instructions on how to properly ask for it. Harvey will you please educate yourself on appropriate laws, it is becoming embarrassing. I for one believe you should resign the post after your stunt at the hospital room.

Secondly, Tom Rideout is moving the Marine Services Centre from St. John's to Lewsiporte. Good move on decentralization Tom now see if your government can get Ottawa to do the same. There's currently a job opening at DFO for an administrative assistant to the Director General, but you can't apply unless you live in Ontario. Also I would like to know if Labrador would have wanted the centre there.

It's all irrelevant Tom because your colleague Kevin O'Brien has announced what he believes the growth and regional centres are for our province and Lewisporte is not one of them. Randy Simms says O'Brien claims they are Corner Brook, Stephenville, Gander, Grand Falls -Windsor, and Clarenville and St. Anthony. Oops he forgot Labrador Minister Hickey. So the destruction of Stephenville and Gander airports does not seem to make sense. I wonder how Deerlake feels! Also where's that growth centre for the south coast and what about Port aux Basques or Placentia/Argentia? NO smelter or what?

And on the issue of the Gander airport, a critical piece of infrastructure for our province and the region, Minister Hearn assures everybody it won't be shut down right away. He is engaging his federal counterpart and the Minister's officials are meeting with the other Minister's officials and through that other government departments to hopefully find some solutions. Is that the biggest pile of political tripe we've heard since the same minister talked about the fishery?

I wonder if placing military presence in Goose Bay is dependent on the government of Newfoundland and Labrador not fighting the Gander downgrade?

The feds are still trying to wrestle the aviation portion of our "to be reinstated" weather services from Quebec. They don't want to let it go. That's why the federal Minister of Environment, Rona Ambrose's, statements are conflicting with the PMO.

It takes time to get things done you know? Loyola, where is the new federal presence you promised? Are we getting the headquarters of a Crown Corp. here soon? Any chance DFO National headquarters are moving here? You don't need NAFO or the EU or Peter McKay's permission for that. Wait you need permission from Stephen, well then forget it, he reserves the right to improve federal government services in areas where the Minister is strong - like Chuck Strahl.