The governments of Newfoundland & Labrador and Ontario both of came to power last decade when their respective provinces had pretty reasonable power systems. When the respective ruling parties in both provinces finally get a chance to reflect from a position on the opposition benches, the electricity futures of both provinces will have been transformed, and not in a good way. Guided by the green agenda to fight climate change, both provinces have permanently shifted into being very high cost electricity jurisdictions. The PC in Newfoundland & Labrador and the Liberals in Ontario are desperate to change the channel away from the growing electricity concerns of their constituents. This week’s Gull Island bloviating is their combined effort to do that.
Here is http://bondpapers.blogspot.ca/ and I in the National Post laying long odds on Gull Island power development in Labrador.
ABC NEWS, Aug.2, 2015
‘Canadian Rivers: Solution to Northeast’s High Energy Prices’
In review or under construction there are five large-scale hydro-power proposals that could increase the supply and ease prices.
Other parties in the States would like to get more Quebec hydro-power too.
Forbes, Aug.7, 2015
‘The Clean power Plan Will Collide With The Incredibly Weird Physics Of The Electric Grid’
Realities: the physics of supplying electricity, realities that determine the art and economics of the possible
Or Google the article title.