The news is in Hour 21(9pm) of Monday the 26th, which saw Ontario importing more electricity than it was exporting. That's the first hour of 2012 that we have been a net importer.
Demand was down from last year (by about 1900MW per hour!), negative pricing occurred frequently, and steam bypass at Bruce B units not only occurred, but was sustained for days.
The IESO is likely to post the 2nd estimate of the Global Adjustment for March on Monday. The first estimate was $49.50/MWh, but with the HOEP down to $15.41, the plants we pay for capacity (CCGT) running at under 15% capacity factors for the month, the curtailment of non-utility generators one weekend, idling of nuclear units in addition to steaming off production .. I'll estimate it at $58.
I don't account for all those factors in the spreadsheet I estimate with - but here is the stats part of the estimate:
MW | $/MWh | Expense | ||
Nuclear | 6,403,369 | 57.5 | $368,193,718 | |
Hydro | 2,894,774 | 37 | $107,106,638 | |
Wind | 502,058 | 135 | $67,777,830 | |
Gas | 1,458,987 | 100 | $145,898,700 | |
Coal | 294,899 | 35 | $10,321,465 | |
Other | 95,405 | 600 | $57,243,000 | |
Solar | 0 | 600 | $0 | |
Imports | 245,867 | $15.41 | $3,788,168 | |
Total | 11,895,359 | $63.92 | $760,329,518 | |
$61.64 | ||||
MWh | $/MWh | Recovered | Not Recovered | |
Ontario | 10,758,751 | $15.41 | $165,764,233 | $521,915,388 |
Exported | 1,136,608 | $15.41 | $17,512,159 | $55,137,739 |
11,895,359 | $183,276,392 | $577,053,127 | ||
GA Est | $53.64 | |||
GA With $30M | $56.42 |
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