Tuesday, November 26, 2013

New Quebec Wind-Power Investments,by Enbridge Inc.

At Enbridge, we take great pride in meeting our primary responsibility of safely and reliably delivering oil and natural gas to people across North America. The products we deliver are used to heat homes, power transportation systems, and provide fuel and feedstock for industries. At the same time, we recognize that our relationship with hydrocarbons comes with great responsibility. As society looks to greater use of green energy over the long term, we must lead the way now in supporting renewable energy sources — naturally occurring sources that are continually replenished.
Enbridge has invested about C$600 million ($569 million) in Quebec wind in the last few years, “and we plan for more,” Monaco told the Canadian Club of Montreal in a speech today. The Calgary-based company already owns stakes in three wind projects in the province, with a combined capacity of 530 megawatts, according to its website
Wind Power Investments :
12 - Number of wind farms in operation or under construction.
1,549 MW - Total power capacity from our wind power investments in operation or under construction.
More than 500,000 - Number of homes our wind farms can power each year.
1.3 million tonnes - Annual greenhouse gas emission reductions represented by our wind power investments.
Solar Power Investments :
150 MW - Emission-free power capacity from our solar investments.
25,000 - Number of homes that our solar investments can power each year.
92,000 tonnes - Annual greenhouse gas emission reductions represented by our solar investments.
Geothermal Investment :
22 MW - Zero-emission power capacity from our geothermal investment (35 MW gross).
24,000 - Number of homes that can be powered each year by the Neal Hot Springs project.
375,000 tonnes - Annual greenhouse gas emission reductions, in comparison to emissions generated by a similar-sized, coal-fired generation facility. 

100% owned and operated by Enbridge and its affiliates, except where less than full ownership/operatorship is indicated.
He declined to identify projects.
Quebec’s government said earlier this month its state-owned utility, Hydro-Quebec, is seeking to buy 450 additional megawatts of wind energy. The province is targeting 4,000 megawatts of installed wind power capacity by 2015, according to the Canadian Wind Energy Association, an industry group.
Enbridge agreed in July to buy 50 percent of an 80-megawatt wind farm in Quebec from Electricite de France SA. (EDF) The Saint-Robert-Bellarmin Wind Project, about 300 kilometers (186 miles) east of Montreal, delivers electricity to Hydro-Quebec under a 20-year agreement.
“We really think that Quebec is a very strong province to be investing in from a wind perspective,” Monaco said. “That’s because they have objectives to increase and diversify their sources of supply. The wind resource in Quebec is tremendous.”