Re: Investors Wanted: Solar Electricity Long Term Power Purchas

Re: Investors Wanted: Solar Electricity Long Term Power Purchas

I've just been looking at the Canadian efforts to promote alternate energy.  They pay 11 cents/kwh for electrcity produced from wind, water and bio-mass and 42 cents/kwh for electricity produced from solar photo voltaic.  So far they have signed up 314 contracts- 57% are wind systems producing 30% of the extra energy, 32% are solar PV systems producing 1.3% of the extra, 5% water systems producing 19.6% of the extra, and 5% of the contracts are Bio-mass producing 49.6% of the alternate energy.    Although solar/thermal systems are included in the promo no one has of yet set one up.

Most of these bio electricity producers are recovering gas from garbage dumps.  In ten years time that will be used up and we will have given a bonus $60 million to the American entrepreneurs who took advantage of our Government programs.

Apparently, US companies can sell electricity to the Ontario Power Authority for the promotional 11 cents/kwh. 

That looks like a no brainer solar/thermal produces the stuff for 3 cents and sells it to the Government for 11 cents.

I'm surprised that GM hasn't offered you space in their old truck factories. 

 

Investors Wanted: Solar Electricity Long Term Power Purchase Agreements (PPA) $90/MWh cost --> $150/MWh price + index By: ctyankee (24 replies) Thu, 05/29/2008 - 13:36