Quote:
Originally Posted by Frequitude
The issue did just show up. From the Feds. With the CER. Prior to that we were on a trajectory to pair the massive renewable growth that’s been happening in this province with gas peakers. Now they are prohibitively expensive to abate.
An individual project can be economically viable while still being detrimental to the overall system. Why can’t we just take a pause while the CER debate plays out, then reevaluate what the best grid of the future is?
The hydro assets in this province don’t have enough capacity to sustain the required periodic week+ demand during dark and windless times. They simply can’t store enough potential energy in terms of volume of water and height differential. Our hydro is mostly run of river which is good for daily management. And even if they could, those dark windless hours would be the expensive ones…so they’d still by definition be holding water back for the higher $ periods. That’s the whole point.
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Accord1999 mentioned the costs as a reason, I was saying that isn't logical.
Why can't they talk and chew gum at the same time? Why does every explanation they offer not line up with the facts(like this geothermal example)? Why has the oil industry never had to live through a drilling pause while the government figured out how to hamstring them? The reality is, as we are seeing, this is extremely detrimental to business development, and is a big ####ing red warning flag to any other industry and business looking to come to Alberta. Who's to know when an irrational government will, without any consultation or previous industry discussion, shut you down for at least 7 months(possibly forever)? Why would you invest here when you can go anywhere else in the world?
Frankly, I find it amazing how quickly capitalist conservatives can discard the very principles for which they stand. Like, this is basically Venezuela level governance going on, yet the defenders are here to explain why free market capitalism needs to be restrained...for...reasons.