Should Ontario sell the rest of Hydro One? Yes - battery storage systems

One of the smartest things the outgoing provincial government does is sell half of the Hydro, a monopoly utility that distributes electricity across Ontario.
In fact, as the province's recent resistance to capacity has proved, it is too smart.
A policy that makes technocrats so smart
Transfer assets frozen by infrastructure to infrastructure that needs to be built
Proven to be very vulnerable to emotional misstatements.
"You want to convince people that we sold Niagara Falls, but we didn't," former prime minister Catherine Wayne laments helplessly in the last leadership debate, as NDP Leader Andrea
"We sold one piece.
Too much for her.
Horworth plans to re-nationalize copper lines that still carry the province's electricity.
It is now up to Prime Minister Doug Ford to complete the privatization of hydropower.
Ford fired Mayo Schmidt, CEO of "$6 million", to behead the company's promise to win more votes than horworth promised to accept the promise.
A complete relaxation of Hydro is the logical next step for the new government to find cash to fund its irresponsible election commitments.
The opposite view: Should Ontario sell the rest of hydro?
The Ford government can now sell other hydro companies and guarantee that the unapproved public will not face immediate negative consequences.
The Ontario energy commission will continue to set water and electricity prices, no matter who owns the wires.
After four years, no one will remember what all the fuss was.
In any case, Hydro will still be a clunky behemoth that is crumbling out of date.
The green energy revolution is challenging utilities on a global scale, and none of them are more vulnerable than the utility with its only assets of 123,000 km copper wire.
Every new solar or wind energy device in Ontario, and every new energy source --
Efficient buildings are the cracks in the monopoly that hydropower companies rely on to survive.
The reason is that green energy is a local resource developed primarily for local consumption.
The new "distributed generation" system will not transmit power from the central power plant to consumers hundreds of kilometers away, and will eventually include thousandsor-less self-
Enough micro
A grid of services for individual institutions, industries and families.
In this case, the main power grid becomes a backup power grid, and the share of power in the province has decreased. Home-
Solar systems based on battery storage are now viable and are really common elsewhere in the world.
But, as has already been seen in Germany and elsewhere, the turning point will come when grid prices are steadily rising --
The price of solar power supply shows a steady downward trend
Battery installation.
Hydro One and its employees both understand the impact and the company responded by taking over the US power companyS. -
Based in Avista Utilities, the company is trying to diversify its assets by increasing power generation and distribution.
But the deal will increase by $6. 7-
The company has a billion-dollar debt on its balance sheet, while diluting public ownership to 42 cents.
Meanwhile, Hydro One's earnings are falling, with shares well below $20.
Price was set three years ago.
Signs of decline are clear to company executives and employees and shareholders, and earlier this year the province's independent financial Accountability Office released an analysis of the sale, but no impression was made.
FAO concluded that the province's strategy to deploy hydropower assets for the construction of transit facilities would increase by $1, reinforcing objections. 8-
Billions of dollars in avoidable costsdecade project.
Naively, everything about Hydro One is beautiful, and its provocative conclusion is based on the assumption that the company's revenue will grow steadily in the next few years.
Permanently weakening the business of Hydro does not require much distributed generation.
The loss of the core business of utility companies will translate into higher interest rates, no matter who owns them.
Higher prices will accelerate the adoption of more household solar and micro solargrids.
The tragedy of Hydro One is not that it slipped from the public.
When there is a lot of gain from the sale, tragedy will happen --a tidy $9-
So far, there are billions of dollars and seven dollars.
Billion-
Transfer from public transport to gas-
Tax cuts and tax cutsa-beer.
John Barber is a freelance journalist at Ont Lakefield.