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Blue Gold: Hydro-Electric Rent In Canada

Author

Listed:
  • Glenn Jenkins

    (Queen's University, Kingston, On, Canada)

  • RICHARD ZUKER

Abstract

In this study, an attempt is made to develop estimates of the value of economic rent from production of hydro-electricity. These estimates are made for the year 1979, which is the latest period for which a comprehensive set of data was available at the time this work was undertaken. The estimates are developed for the hydro-electricity generated (or used) by electric utilities in four provinces: Quebec (including Churchill Falls), Ontario, Manitoba and British Columbia. These electric systems accounted for 93 percent of the hydro-electricity generated by utilities in Canada during 1979. Using the estimates developed for these four provinces, approximate values are derived for the rent arising from the hydro-electricity generated by utilities in the other provinces.

Suggested Citation

  • Glenn Jenkins & RICHARD ZUKER, 1984. "Blue Gold: Hydro-Electric Rent In Canada," Development Discussion Papers 1984-01, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:60
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    References listed on IDEAS

    as
    1. Glenn Jenkins, 1977. "Capital In Canada - Its Social And Private Performance 1965-1974," Development Discussion Papers 1977-06, JDI Executive Programs.
    2. Littlechild, S C, 1970. "Marginal-cost Pricing with Joint Costs," Economic Journal, Royal Economic Society, vol. 80(318), pages 323-335, June.
    3. Dennis Anderson, 1972. "Models for Determining Least-Cost Investments in Electricity Supply," Bell Journal of Economics, The RAND Corporation, vol. 3(1), pages 267-299, Spring.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. R. Andrew Muller & P. J. George, 1985. "Northern Hydroelectric Development in an Optimal Expansion Program for Ontario Hydro," Canadian Public Policy, University of Toronto Press, vol. 11(3), pages 522-532, September.
    2. Saule Baurzhan & Glenn P. Jenkins & Godwin O. Olasehinde-Williams, 2021. "The Economic Performance of Hydropower Dams Supported by the World Bank Group, 1975–2015," Energies, MDPI, vol. 14(9), pages 1-22, May.
    3. Saule Baurzhan & Glenn Jenkins & Godwin O. Olasehinde-Williams, 2021. "The Economic Performance of Hydropower Dams Supported by the World Bank Group, 1975–2015," Working Paper 1463, Economics Department, Queen's University.
    4. David W. Gillen & Jean-François Wen, 2000. "Taxing Hydroelectricity in Ontario," Canadian Public Policy, University of Toronto Press, vol. 26(1), pages 35-49, March.
    5. Banfi, Silvia & Filippini, Massimo & Mueller, Adrian, 2005. "An estimation of the Swiss hydropower rent," Energy Policy, Elsevier, vol. 33(7), pages 927-937, May.
    6. Awojobi, Omotola & Jenkins, Glenn P., 2015. "Were the hydro dams financed by the World Bank from 1976 to 2005 worthwhile?," Energy Policy, Elsevier, vol. 86(C), pages 222-232.
    7. Glenn P. Jenkins & Saule Baurzhan & Author-Name: Godwin O-Williams, 2018. "Evaluation of the Economic Performance of Hydropower Developments Supported by the World Bank Group 1975 to 2015," Development Discussion Papers 2018-06, JDI Executive Programs.
    8. Olasehinde-Williams, Godwin & Jenkins, Glenn P., 2023. "A Test of Hirschman’s Hiding Hand Principle in World Bank-Financed Hydropower Projects," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 14(2), pages 298-317, July.
    9. Massarutto, Antonio & Pontoni, Federico, 2015. "Rent seizing and environmental concerns: A parametric valuation of the Italian hydropower sector," Energy Policy, Elsevier, vol. 78(C), pages 31-40.
    10. MacLeod, Michael & Moran, Dominic & Spencer, Ian, 2006. "Counting the cost of water use in hydroelectric generation in Scotland," Energy Policy, Elsevier, vol. 34(15), pages 2048-2059, October.

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    JEL classification:

    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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