Quote:
Originally Posted by DoubleK
ERCOT and CALISO have very different regulatory compacts.
The OPG/Hydro One cluster in Ontario is arguably worse from a ratepayer perspective.
In your opinion, who has gotten this right? There are arguments for and against State-owned utilities, energy only markets and capacity markets.
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I think Manitoba Hydro has gotten it right for the most part.
Built massive hydro capacity that provides ton of export capabilities.
Worked with First Nations to build transmission lines. Sure, some cost more money because of the ridiculous route requirements, but they were still built. Funny how that works. Still a massive long-term benefit for the province despite the added billions in cost.
Lots of 30 year contracts will be up for renewal soon, which will allow more flexibility and long term investments.
Ability to charge spot pricing = higher revenue.
Next step is to keep adding solar, wind, natural gas to allow pumped hydro to keep its capacity and further diversify the grid.
Obviously having massive hydro capacity helps, but only if you take advantage of it.