The Tarriff Hype.
- Thread starter petros
- Start date
I'm waiting for Ford to put his money where his mouth is.
Shut down power.
Push for Smith to shut down oil.
And the second the "Retaliatory tariffs" go up from the US, so should ours.
Because the ONLY way this ends is with Trump being pushed by his own people to stop (cause if Canada ends this first, we'll never be left alone or "free" again, IMO)
Canada Imports More Power Than It Exports as Drought Hits Hydropower
May 3, 2024Reading time: 2 minutes
Full Story: The Canadian Press with files from The Energy Mix
Primary Author:
Axel Drainville/flickr
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For the first time in eight years, Canada imported more electricity from the United States than it exported, as prolonged dry conditions reduced hydroelectric power generation.
The dry spell persisted across much of Canada over the past year, leading to lower production volumes and increased imports to compensate, Statistics Canada (StatCan) reported, citing data for February, 2024.
StatCan says electricity generation in Canada totalled 53.6 million megawatt-hours (MWh) in February, down 4.9% from the same month last year, as average daily generation dropped 8.2% year-over-year.
Canada imported 2.7 million MWh of electricity from the U.S. that month, slightly more than the 2.6 million MWh it exported, marking the first time electricity imports have exceeded exports since StatCan changed the way it collects such data in 2016, writes the Canadian Press.
Imports were 124.1% higher than average for February 2024, while exports were 44.8% below average levels.
StatCan says drought throughout much of Canada led to a 12.5% year-over-year drop in hydroelectric generation, which drove the overall decline in electricity production.
Quebec contributed most to the decrease, with 61.6% lower exports than the same month in 2023. New Brunswick’s exports declined 49.9%, Ontario’s were down 29.5%, and imports to B.C. rose 46.6%.
Even though drought is becoming more severe across the country, provinces like B.C. and Quebec have plans to expand hydropower capacity. At the same time, other provinces are introducing measures to conserve water and hydropower reserves—Manitoba Hydro has been periodically supplementing hydro production by firing up its gas-fired turbines, and BC Hydro has tried to conserve water by drawing on reservoirs in less-affected regions of the province.
B.C. has also imported power from Alberta, where electricity is primarily generated by fossil fuels and less than 10% comes from hydropower. Even there, drought could affect the province’s energy economy by disrupting fracking operations for oil and gas. And in Western Canada generally, water shortages have been identified as a key risk facing the oil and gas sector.
May 3, 2024
Your government relies on Smith keeping that tap on as does Quebec and others . The tap isn’t getting shut off .
Oh for fuck sakes, it's talking about a drop in hydroelectric generation nation-wide. Guess what sport? 60% of Ontario's energy is nuclear. In fact when it comes to capacity and power generation, Ontario's hydroelectric power ranks third in the province. It's less than 25% of Ontario's generating capacity.Where thd hell do you people get such ridiculous ideas?
Canada Imports More Power Than It Exports as Drought Hits Hydropower
For the first time in eight years, Canada imported more electricity from the United States than it exported, as prolonged dry conditions reduced hydroelectric power generation.www.theenergymix.com
Even with the drop in hydro exports according to the data you linked to from Feb 2024, Ontario still exported 3X as much energy to the US than it imported.
Like it or not Bubala, Ontario holds some serious energy cards.
Starlink is officially dead in Ontario.
He will, if the next round of tariffs hits in April. Until then Americans will be paying a surcharge for Ontario energy.
Are you stupid or something? Shutting down oil production is incredibly fucking dumb. It will fuck Canada for FAR longer than it will hurt the US. Too bad this country has to deal with the stupid fucking Quebecois too or else we'd have a pipeline to the East Coast by now.
Accordingly, they will
Correct. Unfortunately, I'm sure the Liberals will find a way to fuck it up. In fact I have zero confidence in their ability to handle this effectively.
Perhaps long overdue maintenance or not but OPG (Ontario Power Generation) has recently announced upgrades to at least 15 existing generating stations. Not sure if that translates into more capacity or not. I'm personally interested in the construction side.
Ontario imports electricity from neighboring jurisdictions to meet demand and lower energy costs. In 2023, Ontario imported 4,082 TWh of electricity.
How does Ontario import electricity?
Ontario imports electricity from Manitoba, Quebec, Michigan, Minnesota, and New York.
Most of Ontario's imports come from Quebec.
The Independent Electricity System Operator (IESO) manages the flow of electricity across transmission lines.
The IESO balances supply and demand to ensure efficient and cost-effective imports and exports.
Why does Ontario import electricity?
To support the province's needs during periods of high demand
To keep energy bills down by importing lower-cost electricity
To make use of surplus electricity generation.
If Quebec is importing, Ontario is importing.
I think he was referring to BC’s issues off & on the last couple years… were they have been importing power. Some from the US. & when it’s cold out, it’s getting power from both Alberta and Saskatchewan.
Read both articles. Ontario imports from Quebec but if Quebec is importing from US Ontario isnt getting from Quebec so they are impiorting from US too.
If he had as much money as he has mouth, he'd make Elon Schmuck look like a street beggar.
Dougie would have to start selling coke and hash again but by the tonne.
And in 2023 they exported over 16,000 TWh to the US. In Feb 2024 it was still over 12,000 TWh
I didn't say Ontario wasn't importing. I said that despite your last post about CANADA's hydroelectric energy generation dropping, Ontario STILL exported 3X as much energy to the US than it imported from the US.
Maybe, but he directly responded to my post about what ONTARIO was doing and somehow confused it with all of Canada.
Excellent deal for short sellers. No matter what the market does, there will always be winners and whiners..
I post on the 90 seconds I get about once an hour with a phone in each pocket when I pop outside to have a cigarette. I’m not reading any articles until evening if at all.
