RE:Interesting power grid tonight Sure enough power prices are like 1.7 cents a kWh right now.
Last summer big companies trying to lock consumers in Alberta for 3 to 5m contracts at 12 kWh.
tonight is abnormal for wind but last 5 days in Alberta have been 4.7 to 5 cent range.
direct energy offer a 7.7 kWh until end of I think July and then like 10.5 cents rest of term.
Alberta is going to have cheap power prices for alomg time going forward.
I think contracts for 6.5 cents will come out so over supplied.
Both ng and renewables got built too rapidly in Alberta at same time due to low interest rates