Friday, May 10, 2024

Response to TC Energy’s Letter to the Editor

Letter to the Editor

Editor,

I would like to start out by saying that I am a senior and therefor may need a little help in understanding complex issues like the benefits of pumped storage of electricity. However, as I read the response to an earlier letter, I could not help but come away with more questions than answers.

  1. If the issue is that we create more power than we use and that makes it cost more for consumers, to the tune of hundreds of millions of dollars annually, why don’t we stop over-producing?

    • If for some unexplained reason we can’t stop producing too much, why not sell the excess at higher rates to recoup the costs?

       

  2. I was taught that the laws of supply and demand were, scarcity costs more not oversupply. According to the explanation it only seems to hold true when we sell it to the U.S. but not here, where it is created.

  3. Again, if the issue is the creation of too much, why develop a system that produces, more power AND at a lower efficiency level?

  4. If the main purpose is to lower the cost of power to Ontarians I am fairly certain that there are better, more modern alternatives to create stored power, closer to the areas that require it so that there are no threats to the pristine waters of one of the greatest water systems in the world and no need for transmission lines across the southern reaches of the bay.

I may be jaded but I can’t help feeling that TC Energy is proposing this project to make money for TC Energy and I can’t see any real value to the residents of Ontario.

Regards,

Dan White, Meaford

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