Comments on: 42 solar parks totalling 407 MW under contract in Ontario http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/ Trends, happenings and innovations in the clean technology market Thu, 18 Mar 2010 22:38:27 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Jp Warren http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-3661 Jp Warren Sun, 07 Dec 2008 04:55:50 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-3661 SkyPowerCorp has a project manager position available for Ontario, posted on Craigslist Toronto, December 08. SkyPowerCorp has a project manager position available for Ontario, posted on Craigslist Toronto, December 08.

]]> By: Anonymous http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-1991 Anonymous Sat, 07 Jun 2008 12:06:01 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-1991 Between 2000 and 2006, U.S. utilities proposed 150 coal-fired power plants. By the end of 2007, utilities had built 10 of those, 25 were under construction, and a whopping 59 had been canceled or delayed due to everything from increased regulatory scrutiny to worries that global-warming regulations that were no more than a gleam in the eyes of some members of Congress would slap new costs on coal-burning plants. The problem got worse with the January 2008 cancellation of the federal FutureGen clean-coal pilot plant. The utility industry projects it will take 15 years to get this technology from a pilot plant to a commercial plant, and the clock isn't yet ticking. Every coal-fired plant put on hold increases the need for substitute generating capacity. That will keep natural-gas prices dancing upward and make electricity more expensive. The Henry Hub price of natural gas -- which is burned to produce electricity -- climbed 49% from October to May. Hundreds of nuclear reactors are in the pipeline around the world, and about 30 are actually under construction, but it's taking longer and costing more than expected to build them. Finland's Olkiluoto 3 reactor, the first of a new generation of European pressurized-water reactors from French company Areva (ARVCF), was supposed to start producing electricity in 2009. The project is about two years behind schedule, however. Areva and its client, Finnish utility TVO, are arguing over $2.4 billion in cost overruns. Between 2000 and 2006, U.S. utilities proposed 150 coal-fired power plants. By the end of 2007, utilities had built 10 of those, 25 were under construction, and a whopping 59 had been canceled or delayed due to everything from increased regulatory scrutiny to worries that global-warming regulations that were no more than a gleam in the eyes of some members of Congress would slap new costs on coal-burning plants. The problem got worse with the January 2008 cancellation of the federal FutureGen clean-coal pilot plant. The utility industry projects it will take 15 years to get this technology from a pilot plant to a commercial plant, and the clock isn’t yet ticking. Every coal-fired plant put on hold increases the need for substitute generating capacity. That will keep natural-gas prices dancing upward and make electricity more expensive.

The Henry Hub price of natural gas — which is burned to produce electricity — climbed 49% from October to May.

Hundreds of nuclear reactors are in the pipeline around the world, and about 30 are actually under construction, but it’s taking longer and costing more than expected to build them. Finland’s Olkiluoto 3 reactor, the first of a new generation of European pressurized-water reactors from French company Areva (ARVCF), was supposed to start producing electricity in 2009. The project is about two years behind schedule, however. Areva and its client, Finnish utility TVO, are arguing over $2.4 billion in cost overruns.

]]> By: Anonymous http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-1988 Anonymous Wed, 04 Jun 2008 17:57:54 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-1988 Alex, I 'd be interested in seeing your calculations. 13-15 years seems a very long break even period to me. Send me the spreadsheets to georgisanefendi hotmail.com Thanks George Alex,

I ‘d be interested in seeing your calculations. 13-15 years seems a very long break even period to me. Send me the spreadsheets to georgisanefendi hotmail.com

Thanks

George

]]> By: Anonymous http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-1990 Anonymous Fri, 30 May 2008 02:32:58 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-1990 If ontario doesn't install solar, what will it install instead to generate the required electricity growth during peak load over the next 3-7 years? How long will it take to build that additional capacity? Still can't answer the question? If ontario doesn’t install solar, what will it install instead to generate the required electricity growth during peak load over the next 3-7 years? How long will it take to build that additional capacity?

Still can’t answer the question?

]]> By: Anonymous http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-1987 Anonymous Fri, 23 May 2008 00:37:56 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-1987 If you had $7.5 million to install 1MW solar park in Ontario would you do it? Would you do it if you knew that you would only break even after 15 years at the current rate of $.42/kWh? I wouldn't. I would rather put the money in the bank. My bank's (PC) savings account gives me 3% interest yearly. That means that after 15 years I would of made $3.3 million in interest, (and that's not accumulated interest either) and not just broke even on the investment who's usefulness is nearing it's end (because equipment age). Might want to go and see them "Wall Street financiers" and check their calculator. If you had $7.5 million to install 1MW solar park in Ontario would you do it?

Would you do it if you knew that you would only break even after 15 years at the current rate of $.42/kWh?

I wouldn’t. I would rather put the money in the bank. My bank’s (PC) savings account gives me 3% interest yearly. That means that after 15 years I would of made $3.3 million in interest, (and that’s not accumulated interest either) and not just broke even on the investment who’s usefulness is nearing it’s end (because equipment age).

Might want to go and see them “Wall Street financiers” and check their calculator.

]]> By: Anonymous http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-1986 Anonymous Thu, 22 May 2008 17:35:37 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-1986 If .42 is not enough that how come Wall Street financiers are in the deal. Are they looking for ways to lose money? If .42 is not enough that how come Wall Street financiers are in the deal. Are they looking for ways to lose money?

]]> By: Anonymous http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-1989 Anonymous Thu, 22 May 2008 17:33:17 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-1989 The 407ETR had most likely a criminal component in the deal. RCMP should look at the personal financial status of some of Mike Harris cronies. The 407MW is simply stupidity. The 407ETR had most likely a criminal component in the deal. RCMP should look at the personal financial status of some of Mike Harris cronies.

The 407MW is simply stupidity.

]]> By: Anonymous http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-1985 Anonymous Thu, 22 May 2008 13:14:13 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-1985 $.42 is not nearly enough when you look at the ROI for installing solar PV systems. Average break even point for a installed 1MW PV system is around 13-15 years. I've done the calculations. That is a joke for any serious investor. Ontario government needs to step up to the plate and start offering grants of around 25-30% of capital cost (like California) and boost tax breaks. That's when solar energy will start to gain more foothold here. Anyone interested to see the details of my calculations? Post your email and I'll send you the spreadsheets. $.42 is not nearly enough when you look at the ROI for installing solar PV systems.

Average break even point for a installed 1MW PV system is around 13-15 years. I’ve done the calculations. That is a joke for any serious investor. Ontario government needs to step up to the plate and start offering grants of around 25-30% of capital cost (like California) and boost tax breaks. That’s when solar energy will start to gain more foothold here.

Anyone interested to see the details of my calculations? Post your email and I’ll send you the spreadsheets.

]]> By: Anonymous http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-1983 Anonymous Wed, 21 May 2008 23:01:37 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-1983 You are either not paying for electricity, failed in Economics 101, or are colour blind to any colour but Green, You are either not paying for electricity, failed in Economics 101, or are colour blind to any colour but Green,

]]> By: Anonymous http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/comment-page-1/#comment-1984 Anonymous Wed, 21 May 2008 21:01:09 +0000 http://www.cleanbreak.ca/2008/04/21/42-solar-parks-totalling-407-mw-under-contract-in-ontario/#comment-1984 does anybody else finding it amusingly ironic that it's 407MW...could this be this government's version of the 407ETR? does anybody else finding it amusingly ironic that it’s 407MW…could this be this government’s version of the 407ETR?

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