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It is not the same situation in 2041 as it was in 1969, so of course they will not sign the same deal. They liked it at the time because it was their best opti
by generatorguy 6y ago
It is not the same situation in 2041 as it was in 1969, so of course they will not sign the same deal. They liked it at the time because it was their best option.
Now:
1. the plant is built and paid for! there are no constructions costs and no construction risk.
2. energy is more expensive now, particularly renewable dispatchable generation
They clearly have a different hand to play now than they did in 1969.
Quebec owns 33% of the plant so they will be happy if NFL sells the power to the states at higher than the marginal cost of generation in QC.