The major part of the automotive castings business became a part of Hydro
through the acquisition of the aluminum company VAW, Bonn, Germany, in 2002.
They call us the pioneers of First Nation hydro
," Michano says, referring to how businesses and governments address them.
In addition, Edison and Ontario Hydro
each have developed project tracking methodologies that allow department employees and management to keep track of projects and their status.
The cogeneration aspect of the much-publicized project was ruled out by Hydro
last February when a total of 40 NUG proposals were turned down.
Those projections were wrong, resulting in an over-supply of housing and the eventual cancellation of uranium contracts by Hydro
However, unless either mining company becomes a direct investor in the Sunthetic proposal, the project must still use the Hydro
grid and be approved by the utility.
The utility and government officials claim that if Sunthetic and similar projects were approved, Hydro
would be forced to increase its rates by five per cent to offset the lost revenues.
Meanwhile, non-utility power generation, once touted by Ontario Hydro
as "a win-win situation" with the private sector, has been put on the back burner.
After watching a television program on the California wind fields, McKay and his wife decided to cut themselves off hydro
The association charges that the revised plan, in which Hydro
significantly reduced its projections of future electricity demands, has created a loss of confidence in Ontario Hydro
and has affected investor confidence, economic growth and job creation.
The economic diversification efforts of several Northern Ontario communities may have been thwarted by Ontario Hydro