July 11, 2014 3:07 pm

Exporting Quebec energy to Ontario would benefit both provinces

Ontario's Progressive Conservatives want the CEO of Hydro One to be fired because of over-billing and poor customer service.

Jacques Boissinot/The Canadian Press

MONTREAL – A new study suggests boosting Quebec energy exports to Ontario would help both cash-strapped provinces.

The joint report was released today by environmental groups Equiterre and the Ontario Clean Air Alliance.

The study says the increase could earn Quebec about $12 billion over 20 years, while Ontario would save the same amount of cash over the same period by cutting down on its nuclear-energy production.

The groups say the provinces would benefit by setting a price of 5.7 cents per kWh – nearly double what Hydro-Quebec currently earns for its electricity exports.

The report says that price would be lower than the estimated 8.3 cents per kWh it would cost to generate electricity from a refurbished Darlington Nuclear station.

It also says no new infrastructure would be necessary because transmission lines between the two provinces already exist.

Global News

© The Canadian Press, 2014

Report an error

Comments