Hey there, time traveller!
This article was published 3/3/2014 (1207 days ago), so information in it may no longer be current.
There are so many deceptions in the premier’s announcement last week of Hydro’s power sales to Wisconsin Public Service it’s hard to know where to begin.
First of all, the sales are not new. This is a downsizing of a term sheet signed by Hydro in 2008 for the sale of 500 MW of capacity.
The agreements announced last week simply string together two new sales with a previous sale. Together, they max out at 308 MW, far less than was originally envisioned. The 308-MW sale is for a period “up to” 10 years starting in 2027. Wisconsin is off the hook by 2037, perhaps sooner.
Second, the original term sheets called for Wisconsin to “invest” in transmission capacity. Wisconsin reneged on that long ago.
Third, and this is the clincher, the sale, although not yet finalized when Hydro filed its documentation with the PUB last August, had already been taken into account — prematurely. Consider these words on page 30 of Chapter 6 of that document:
“Under the Preferred Development Plan, a 300-MW sale to WPS is assumed, of which 200 MW will require new transmission service.”
To characterize these sales as justification for Conawapa, as the premier has done, is a deliberate and outright deception. To state, as I heard him do in a radio interview, that Keeyask is already “sold out” is a bare-faced lie.
Does he have no shame?
Bipole III Coalition