Conclusion

 

AMPCO’s forecast suggests gradual overall demand growth as the government implements its Long-Term Energy Plan, although it is likely energy demand may experience negative growth with the incoming cap and trade system. Market prices are expected to increase as nuclear power plants go offline and more renewable energy and natural gas supplies comes online.  It remains to be seen how incoming policies such as the cap and trade, partial sale of Hydro One, and hydroelectricity imports from Quebec will affect Ontario’s industrial electricity supply and demand.