Results of the request for proposals for 450 MW of wind energy
December 17, 2014
CANADIAN WIND ENERGY ASSOCIATION: COMPETITIVE WIND ENERGY PROJECTS ARE A CLEAR BENEFIT TO QUEBECERS
Montréal, December 16, 2014 – The Canadian Wind Energy Association (CanWEA) is pleased to note that Hydro-Québec’s latest request for proposals for the production of 450 MW confirms the highly competitive nature of Quebec’s wind energy industry.
With the three selected projects totalling 446.4 MW at an average price of 6.3 ¢/kWh, Quebecers will benefit from energy produced at the best possible price. Even taking into account transportation costs that bring the total average price to 7.6 ¢/kWh, these projects provide better value than the large hydroelectric projects currently under construction.
“We are glad to see Quebecers reaping the benefits of competition leading to highly advantageous prices,” said Jean-François Nolet, Vice President of CanWEA. “It shows the economic and financial potential of the industry for Quebecers, especially considering that the originally planned commissioning dates will be met despite the delays that occurred this fall as part of the request for proposals. This announcement is also great news for the communities that will benefit from these wind energy projects.”
This end to the proposal process confirms not only the strength of the wind energy industry and of the supply and manufacturing chain already established in Quebec, but also its future potential. It also shows the relevance of wind energy as the Quebec government works on the next energy policy. “The result of this latest request for proposals shows that, more than ever, Quebec must continue to show leadership in the development of its wind energy industry. We are already enjoying the benefits of having a well-established industry in our province. Let’s stay the course for the good of all of Quebec, from Montréal to the regions,” said Mr. Nolet.
CanWEA is the voice of Canada’s wind energy industry, actively promoting the responsible and sustainable growth of wind energy. A national non-profit association, CanWEA serves as Canada’s leading source of credible information about wind energy and its social, economic and environmental benefits. Join us on Facebook, follow us on Twitter and join the conversation at windfacts.ca.
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Featured Photo ©Michel Ouellet