Le coût d'abandonner le projet Grande-Baleine

Jean-Thomas Bernard (), Eric Genest-Laplante and Benoît Laplante

Canadian Public Policy, 1992, vol. 18, issue 2, 153-165

Abstract: Although the increase in future demand for electricity is expected to be smaller than that in recent years, Hydro-Quebec has undertaken to develop certain projects in anticipation of the expected future demand. Among these projects is the Great Whale project. Environmental concerns, the presence of natives, and the federal-provincial dispute over environmental jurisdiction give rise to debates that could jeopardize the realization of the project. In this paper, the authors analyze the cost for Quebec if the Great Whale project were abandoned. If Hydro-Quebec had to bring on line more costly generating equipment, they estimate the cost to be $544 millions in present value. The main losers would be Quebec's electricity consumers, while owners of the equity and the Quebec treasury would benefit from it.

Date: 1992
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