A spreadsheet I regularly update with data on industrial wind turbine (IWT) generation in Ontario is cited in Parker Gallant’s recent, Wind: worst value for Ontario consumers. The same post cites the Canadian Wind Energy Association (CanWEA) commentary on Ontario’s recently released Long Term-Energy Plan 2017, which included:
New wind energy provides the best value for consumers to meet growing demand for affordable non-emitting electricity.
Let’s examine the “value” as electricity – as there is no market in Ontario for any subset of that commodity, including “affordable non-emitting”.
Two definitions of “value” from the Oxford dictionary are pertinent:
- “The regard that something is held to deserve; the importance, worth, or usefulness of something.”
- “The worth of something compared to the price paid or asked for it.”
By the first definition wind is clearly the least valued generation type in Ontario. Using only very basic hourly data sets of Hourly summary totals of grid-connected (Tx) generation by type, valued at the Hourly Ontario Energy Price (HOEP), value factor can be calculated. A value factor above 1 means more valuable than average, below 1 means less valuable, and the lowest number consistently means wind.
This graphic is captured from a page I created to view summaries of basic IESO data sources:

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