Quote:
Originally Posted by OMG!WTF!
I don't really buy the decline in market argument. The difference in carbon tax is 1000%. It's costing Enmax 15 million now and will grow to 160 million in two years. If that isn't a significant change in the regulatory environment then literally nothing is.
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Its not a decline in markets though, its a decline in costs because of technologies like wind and co-generating that simply didn't exist and weren't seen to be as large of an impact as they have been over the past 15 years. So basically if they use energy from those means its pure profit as compared to the PPA. Or at least in laymans terms.
(Don't get bogged down in the lack of cost for wind, because the point here isn't to discuss viability of alternative energies...its about how they've affected the PPAs and Balancing Pools)