Hydro-Québec receives 54 bids for wind projects

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Hydro-Québec receives 54 bids for wind projects

Hydro-Québec Distribution, the Hydro-Québec division responsible for ensuring a reliable supply of electricity for Québec (Canada), has received 54 bids totaling 6,627.5 MW in response to its call for tenders.

Hydro-Québec Distribution issued a call for tenders for the purchase of a block of wind power produced by facilities in Québec on 18 December 2013.

The call for tenders involves the purchase of 450 MW, composed of 300 MW from wind farms in the Bas-Saint-Laurent and Gaspésie–Îles-de-la-Madeleine regions and 150 MW from projects across Québec, which will be connected to Hydro-Québec’s main grid by the following deadlines:

  • 100 MW by December 1, 2016
  • 350 MW by December 1, 2017

The bids must not exceed $0.09/kWh, to which transmission costs must be added. The term of the contracts must be 20 or 25 years, at the bidder’s choice, and the amount of electricity will be spread out as follows:

Hydro-Québec Distribution will evaluate the bids and announce which bids have been accepted as soon as possible. Once the contracts are signed, they must be approved by the Régie de l’énergie.

Hydro-Québec Distribution has hired the firm Raymond Chabot Grant Thornton to assist in the tendering process and to act as its official representative.

See the list of bids received:

http://www.hydroquebec.com/distribution/en/marchequebecois/ao-201301/pdf/inventaire-des-soumissions.pdf

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