- Perhaps, 5.5 cents /KWh special rate for CLF is not a bad thing for the Province since it sold surplus power to our Manitoba, Quebec and the USA for less than 3 cents/KWh (at a total cost of $1B/in 2013) while paying 8.5 cents/KWh. There is something wrong with the strategy here: buy high sell low? Note: The Province is paying a huge amount of "incentive" (some 70-80 cents/KWh) to large or small producers of wind and solar energy even during the period where there is a power surplus. See link below.

http://toronto.ctvnews.ca/ont-paid-1b-to-export-surplus-electricity-in-2013-ndp-say-1.1647195

There is something else to say about the gas plants in Oakville and Mississauga. Apart from the cost/penalty in this cancellation, gas-powered plants are versatile since they could be turn off easily when there is power surplus. So, somebody should look at the energy production strategy, including having enough power for heavy industries and back-up localized power generation in emergencies such as ice storms.

- Even if CLF is still talking with the Ont government for special hydro rates, it does not mean CLF is still interested in spending $3.2 B for their RoF project. It could mean that they want a low hydro rates as part of the development package, so that this package (special rates are transferable of course) would be attractive to a potential suitor?, i.e. more money in their pocket in an exit situation. CLF would probably have clever people in their midst.

- Easement Appeal date, 13 Feb: A special Valentine's Day gift from the Appeal Court?

goldhunter