The provinces' electricity operators, the Independent Electricity System Operator and Hydro-Quebec, will trade up to 600 megawatts of energy each year, said Todd Smith.
“The deal just makes a lot of sense from both sides,” Smith said in an interview with The Canadian Press.The majority of Ontario’s power comes from nuclear energy while the majority of Quebec’s energy comes from hydroelectric power.Ontario’s energy demands spike in the summer, largely driven by air conditioning on hot days, he said.Ontario Power Generation and Province announce 3 more small modular reactors at Darlington plantAI brain implant helps Sask.
Smith said the energy deal is a straight swap, with no payments on either side, and the transfer could begin as early as this winter. Ontario will also be able to bank unused energy to save capacity until it is needed in future years, Smith said. Both provinces are preparing for future energy needs, as electricity demands are expected to grow dramatically in the coming years with increased demand from industry and the rise of electric vehicles.
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