Canada’s Hydro-Quebec has accepted eight bids for a total of 61 MW of generating capapcity in response to its April call to purchase power generated by biomass cogeneration plants in Quebec.
Over the coming months, Hydro-Quebec Distribution will work with the project proponents to finalize the contracts, which will then be submitted to the Regie de l’energie for approval.
Electricity deliveries are scheduled to begin in December 2012. The average price of the winning bids is 11.2 cents/kWh, including 0.4 cents/kWh for transmission costs. The projects call for capital expenditure of about $180 million, plus another $39 million for transmission infrastructure.