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 | Oct 28, 2009 |
| | Bruce Power Agreement Amended | | New details of July 6, 2009 amendments to the Bruce Power Agreement are revealed in the quarterly reports of Cameco and TransCanada, partners in the Bruce Power Limited Partnership. |
|  | Sep 24, 2009 |
| | Ontario Launches Feed In Tariff Program | | As part of a broad announcement of the government's "ten steps to green energy" plan, Ontario today launched its feed-in tariff program for renewable energy projects. |
|  | Sep 22, 2009 |
| | OPG Contingency Support Agreement | | An agreement with OEFC provides financial support to cover costs at OPG's Nanticoke and Lambton Generating Stations. OPG reports the deal generated Q1 revenue of $39 million, Q2 revenue of $140 million, on average just over $30 for each MWh of production by these plants for the first half of 2009. |
|  | Sep 3, 2009 |
| | Ontario Closes Four Coal Units | | Pitched as "landmark progress" in achieving its climate change goals, the government announces it is closing 2 units at Nanticoke and 2 units at Lambton, 2000 MW in total. |
|  | Jun 29, 2009 |
| | Ontario Suspends Nuclear Procurement | | The Government of Ontario today announced that it has suspended the competitive RFP to procure two replacement nuclear reactors planned for the Darlington site. |
|  | Apr 3, 2009 |
| | Negative Energy Prices in Ontario | | The Hourly Ontario Energy Price was unusually low in March 2009, including 50 hours in the last week of March in which prices were negative. Low prices (and potentially negative off-peak prices) are expected to continue until April 17th. |
|  | Feb 23, 2009 |
| | Energy Minister Smitherman Tables Green Energy Act | | Energy Minister George Smitherman tables Bill 150 - the Green Energy Act - “raising the bar” on the government's energy and environment agenda by accelerating development of renewable energy and promoting a culture of conservation. |
|  | Feb 9, 2009 |
| | OPG Reduces CO2 Adder to $1/tonne | | OPG revises strategy to meet 2009 CO2 Emission Target: (1) notice period for change reduced to 1 week, and (2) CO2 adder reduced to $1/tonne effective Februry 12, 2009. |
|  | Sep 18, 2008 |
| | Energy Minister Smitherman Directs Power Authority to Revisit System Plan | | OEB Hearing up in Air as Ontario Government Orders Changes to the Plan. |
|  | May 16, 2008 |
| | Ontario Caps Output by Coal Plants | | New regulations and directives to OPG will reduce output by one-third in 2009 compared to 2007 output, and by more than half by 2011. |
|  | Mar 7, 2008 |
| | Ontario Invites Proposals for New Nuclear Reactors | | Ontario Energy Minister Gerry Phillips has announced a competitive process to select a vendor to supply new nuclear reactors. Four vendors have been invited to compete in the RFP process. |
|  | Mar 7, 2008 |
| | Proposed Emission Limits would Effectively Ban Non-Emergency Use of Diesel Engines for Demand Management |
|  | Dec 21, 2007 |
| | Ontario's Electricity Agency Review Panel Issues Phase 2 Report | | The Agency Review Panel appointed by Energy Minister Duncan this past January has issued its report reviewing the roles and relationships among the agencies regarding overlap and duplication and minimizing costs and maximizing effectiveness for Ontario consumers. |
|  | Nov 29, 2007 |
| | Ontario Throne Speech | | Ontario government commits to reduce greenhouse gases by six per cent below 1990 levels by 2014, 15 per cent below by 2020, and 80 per cent below by 2050, in part, by replacing coal, doubling renewables, doubling conservation and modernizing nuclear capacity. |
|  | Nov 27, 2007 |
| | Hydro One Appoints President and CEO | | AMPCO congratulates Laura Formusa on her appointment as President and CEO of Hydro One Inc. |
|  | Nov 2, 2007 |
| | OPG to Seek 14 Percent Rate Hike on Base Load Output | | Ontario Power Generation today begins its pre-submission consultattions on an application to the Ontario Energy Board for rates on its regulated base load nuclear and hydroelectric assets. |
|  | Oct 12, 2007 |
| | AMPCO 2007 Fall Members' Meeting | | The detailed agenda and registration form are now available on-line for AMPCO's 2007 Fall Members' Meeting on November 8 at the Toronto Airport Hilton Hotel. Don't miss this informative event. |
|  | Sep 27, 2007 |
| | Hydro One Launches New Energy Effeciency Program for Business Customers | | Hydro One is offering energy savings incentives to business customers. Programs included fixed incentives for prescribed technologies and incentives up to $150/kW for customized savings programs. |
|  | Jun 27, 2007 |
| | Ontario Agency Review Panel Releases Phase 1 Report on Executive Compensation | | McGuinty government moves forward with panel recommendations on electricity agency executive salaries; implementation will begin with new CEO of Hydro One. |
|  | Jun 18, 2007 |
| | McGuinty Government Sets Greenhouse Gas Targets | | Today Premier McGuinty announced provincial targets for reducing greenhouse gas emissions, to be achieved by shutting down coal plants, promoting energy conservation and investing in infrastructure. As well, the province says it will work with the federal government on national fuel-efficiency and auto emissions standards. |
|  | Jan 30, 2007 |
| | Study Finds Up to $182 Million Annual Savings From Electricity Demand Response in Mid-Atlantic Region | | A study has found that a modest reduction in electricity use during peak hours would reduce energy prices by at least $57 million to $182 million annually in the Mid-Atlantic region. |
|  | Jan 27, 2007 |
| | Ontario to review electricity agencies | | Government-appointed panel to look into executive salaries, other high costs |
|  | Jan 10, 2007 |
| | An energy policy for Europe: Commission steps up to the energy challenges of the 21st Century | | The world today is facing energy and environmental challenge, a challenge that is acute for Europe, and a challenge which is shared by all Member States. This is: how to secure competitive and clean energy for Europe against a backdrop of climate change, escalating global energy demand and future supply uncertainties. If one Member State fails to meet this challenge, other Member States will be affected. If problems arise outside the European Union, they can have an impact on the whole of the EU. This is why Europe needs a strong energy policy. The European Commission' Strategic Energy Review is an important step towards an effective energy policy for Europe. |
|  | Dec 4, 2006 |
| | ELCON paper faults organized markets, calls for | | ELCON (the Electricity Consumers Resource Council) today released a paper reaffirming its commitment to truly competitive electricity markets but emphasizing that today’s organized markets are not competitive and concluding that “if today’s organized markets cannot be fixed…a return to traditional regulation” should be explored. The paper primarily focuses on NY-ISO, ISO-NE and PJM. |
|  | Sep 5, 2006 |
| | IESO proposal to modify ramp rate assumption |
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Energy Minister Smitherman Directs Power Authority to Revisit System Plan |
Only 2 weeks into the Ontario Energy Board's hearing of the Integrated Power System Plan, the Ontario Government has intervened, modifying its directives. The new directive, dated September 17 and signed by Hon. George Smitherman, lands on new OPA CEO Colin Anderson's desk on only his third day on the job.
The directive requires the OPA to review:
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The amount and diversity of renewable energy sources in the supply mix.
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The viability of accelerating the achievement of stated conservation targets, including a review of the deployment and utilization of smart meters.
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The improvement of transmission capacity in the orange zones in northern Ontario and other parts of the province that is limiting the development of new renewable energy supply.
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The potential of converting existing coal-fired assets to biomass.
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The availability of distributed generation.
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The potential for pumped storage to contribute to the energy supply during peak times. The directive also requires the OPA to undertaken enhanced consultation with First Nations based on principles of "Aboriginal partnership", confirms the balance of the supply mix directive (i.e., the 14,000 MW limit on nuclear and coal phase-out) remains in place, and asks the OPA to provide its revised IPSP to the OEB within 6 months.
Notwithstanding the Ministry's news release characterization of the directive as "fine-tuning" and "modest" and Minister Smitherman's reference to it as "tweaking" the IPSP in his speech to the Ontario Energy Association luncheon today in Niagara Falls, the directive has already caused the OEB hearing to be suspended while the OPA considers how to proceed. Submissions will be heard by the OEB next Wednesday.
For more information on the government's announcement and the text of Minister Smitherman's remarks today visit the Ministry's web site at www.ene.gov.on.ca.
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