Hydro-Québec accepts 12 bids for wind farms

[jesseps]

Twelve bids for small wind farms have been accepted by Hydro-Québec Distribution, the utility said Monday.

 

Among them is one aboriginal community project, a venture promoted by Kahnawake Sustainable Energies to be located in the South Shore village of Ct. Cyprien de Napierville.

 

The 12 accepted bids from community and aboriginal projects total just over 291 megawatts of wind energy.

 

Deliveries of electricity must start between Dec. 1, 2013, and Dec. 1, 2015.

 

The average price of the accepted bids is 13.3 cents per kilowatt/hour including 2 cents per kilowatt/hour to transmit the electricity generated.

 

The projects call for capital expenditures of about $730 million for wind farms and another $260 million for power transmission.

 

Once finalized, the contracts are to be submitted to the Régie de l’énergie for its approval.

 

Read more: http://www.montrealgazette.com/business/Hydro+Qu%c3%a9bec+accepts+bids+wind+farms/4004578/story.html#ixzz18l8doftP