Northern Light
Superstar
Can these contracts be cancelled or would that cost too much to make it worthwhile?
The contracts for wind/solar are not that material to the cost being billed out.
That said, I'm not privy to the commercial terms agreed to in the contracts, but I can safely bet ( i think) that buyout costs would certainly be higher in the near term.
Most of the really excessive priced solar (which is inconsequential in total price point impact) is now over 5 years old, on contracts with a 20-year life if I recall.
I'd be inclined to leave those.
The expensive costs that are dubious relate to the gas plants, not merely their cancellation, but how subsequent build contracts were handled; as well on-going good-money-after-bad on the nuclear file.
I've love to re-open some of those, but I don't imagine the various lawyers being in harmony w/me on that.
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