Can I add one clarification to that? One of the reasons is that the fixed cost of gas plants in the United States is paid for outside the market. Similarly in Ontario, we have fixed costs being paid for outside of the market under contract, and then the only thing that's traded is the actual electricity produced from natural gas. When people talk about a subsidy for another supply, like nuclear, it's not really a subsidy. It's allowing them to not only compete with the variable cost of natural gas, but it's allowing them to compete with the full cost of natural gas.
On October 2nd, 2017. See this statement in context.