Hydro One CEO says rate hike needed to keep the system stable
CP24 - Hydro One has applied for a rate increase in order to keep the power system stable, its president and CEO said Thursday. Speaking after delivering remarks to the Empire Club, Mayo Schmidt spoke about the application that's currently before the Ontario Energy Board, which seeks to increase rates by 0.5 per cent this year and 4.8 per cent next year.
THIBEAULT: NDP misses mark on Fair Hydro Plan
Toronto Sun - It’s not surprising to see Ontario NDP Leader Andrea Horwath fear mongering about the electricity system: (“Ontarians pay hydro price for Liberal smoke-and-mirrors”, Nov. 7.)
Canada, Britain to tout coal phase-out as U.S. champions fossil fuels
The Globe and Mail - Environment Minister Catherine McKenna and her British counterpart, Claire Perry, will launch an international alliance to phase out coal-fired electricity at the Bonn climate summit this week, signalling a sharp contrast to U.S. President Donald Trump's promotion of coal as an important global energy source.
Ontario Power says Darlington project on track, income lower from shutdown
Financial Post - Ontario Power Generation says that its multibillion-dollar Darlington refurbishment is on time and on budget one year into the project. The crown corporation says in its quarterly results that about $4.1 billion of the $12.8 billion budgeted for the refurbishment had been spent as of Sept. 30.
Ontario on track for next generation of clean trains?
Toronto Star - The province is considering investing in cutting edge hydrogen-powered trains for the GO Transit network, touting the benefits of what it says could be the next generation of clean trains. Rail vehicles powered by hydrogen fuel cells would be emissions-free, quiet, and potentially superior to traditional electric trains.
Hydro: Ontario permanently bans winter disconnection from electricity
Electricity customers in Ontario struggling to pay their hydro bills will no longer need to worry about being disconnected during the winter. The Ontario Energy Board (OEB) announced Thursday it has permanently banned utility companies in the province from disconnecting residential customers for non-payment between Nov. 15 and April 30 of the following year.
Enbridge says Line 3 project progressing despite rising scrutiny in Minnesota
CTV News - Enbridge said Thursday that its Line 3 pipeline replacement program is progressing well, even as it faces intense scrutiny on the project in Minnesota. CEO Al Monaco said on a third-quarter earnings call that the company is making good progress on the line, with construction already underway in Canada and Wisconsin and the project expected to be finished in mid-2019.
The short-circuit in Ontario’s manufacturing sector
PLANT - Soaring electricity costs have devastated Ontario’s manufacturing sector. In the 1990s and into the 2000s, Ontario was a low-electricity-cost jurisdiction. This competitive advantage helped attract business and foster economic growth in the province.
Customers could pay steep price for Ontario’s hydro plan, auditor warns
Global News - Ontario’s Auditor General, Bonnie Lysyk, is warning Ontarians to brace themselves for increasing hydro rates as a result of Premier Kathleen Wynne’s Fair Hydro Plan. According to a special report released Tuesday, the price of the Liberal’s “needlessly complex” solution to rising energy costs in Ontario could be as much as $39.4 billion – more than twice the government’s estimate.
Ontario's energy minister defends Fair Hydro Plan accounting
CBC News - Ontario Energy Minister Glenn Thibeault says Ontario's Auditor General may not like the accounting behind the Liberal's Fair Hydro Plan, "but that's the way we've always done this." This week, auditor general Bonnie Lysyk released her report on the the Liberal's "Fair Hydro Plan." That plan has reduced the average household electricity bill in the province by 25 per cent.
Exhibition Place wind turbine hasn't produced power since March
CBC News - The wind turbine that symbolized Ontario's push for green energy is at a standstill and won't be generating electricity until next month at the earliest, CBC News has learned. The turbine located at Exhibition Place was damaged in a storm in March, and it hasn't worked since.
Cheap power on business group's wish list
Toronto Sun - Ontario may be a great place to live, but not necessarily a great place to do business. The Ontario Chamber of Commerce, which represents 135 chambers of commerce and boards of trade across the province, released its wish list Wednesday in time for the 2018 provincial election.
TransCanada won't proceed with Energy East pipeline
CBC News - TransCanada says it won't proceed with its Energy East pipeline and Eastern Mainline proposals. Russ Girling, the Calgary-based energy company's chief executive officer, said in a statement that National Energy Board and Quebec officials will be informed TransCanada won't go forward with the applications.
Too much of Ontario’s waste is going to landfill: enviro watchdog
Toronto Star - The old adage may be “waste not, want not,” but Ontario’s environmental watchdog warns the province’s waste diversion efforts are wanting. “Ontario has a waste problem; every year, Ontario produces nearly one tonne of waste per person and three-quarters of this ends up in landfills,” Environmental Commissioner Diane Saxe said Wednesday.
Getting set to welcome Ontario Power Generation as first time public debt borrower
Financial Post - It has only one shareholder, has been a reporting issuer for more than 17 years, has at last count $4.39 billion of long-term debt, but has never accessed the public debt markets — until now. Welcome to the world of Ontario Power Generation (OPG), which defines itself as “an Ontario-based electricity generation company whose principal business is the generation and sale of electricity” in that province.
Province to spend $5.5M on advertisements for hydro bill cuts
CTV News - Ontario's Liberal government has earmarked $5.5 million to advertise cuts to hydro bills -- ads the opposition says use public money to make the Liberal party look good. In response to a freedom of information request by the New Democrats, government documents cite "negative media coverage" of rising electricity costs as a key piece of context for why the advertising campaign is needed.
Ontario Energy Association Releases New Public Opinion Poll
Media Release - In conjunctions with its ENERGYCONFERENCE17, the Ontario Energy Association (OEA) today released a new public opinion research that focuses on energy issues. The poll was conducted for the OEA by Innovative Research Group during the September 11-18 period.
Why nuclear power is the backbone of Ontario’s clean electricity system
TVO - In an opinion piece published August 25, energy analyst Richard Laszlo wrote that nuclear power was a costly, dying technology. Nothing could be further from the truth. In Ontario, the average cost of nuclear energy is about seven cents per kilowatt-hour of generation. That’s 41 per cent less than the average residential rate. Only hydroelectricity is cheaper, but marginally so.
IESO Releases Final Round of Contract Offers under Ontario's Feed-in Tariff Program
IESO - Ontario's Independent Electricity System Operator (IESO) announced today that it will offer 390 contracts representing about 150 megawatts (MW) of small-scale renewable generation. Results of the procurement show strong participation, more than 80 percent, from Indigenous, community, municipal and public sector entities. These contracts conclude the most recent procurement under the Feed-in Tariff (FIT) Program, known as FIT 5.
Ontario’s political leaders pitch farmers on province’s future
The Globe and Mail - The next general election won't be held for eight months but Ontario's political leaders are already pulling on their boots and walking through thick mud to promise farmers that their party has the best plan for the province's future
Why Ontario must take action on the Energy East pipeline
TVO - Many residents of North Bay are breathing a sigh of relief now that TransCanada has decided to reassess the viability of its Energy East pipeline project — but some feel the province should be doing more to protect their community.
Ontario Announces Results of September Cap and Trade Program Auction
Government of Ontario News - Today, Ontario announced the results of the province's third auction of greenhouse gas emission allowances, held Sept. 6, 2017. A total of 25,296,367 current (2017) allowances were sold at a settlement price of $18.56 CAD and a total of 3,116,700 future (2020) greenhouse gas emission allowances were sold at a settlement price of $18.03 CAD.
Hydro One sending crews to Florida to help restore power after Irma
Toronto Star - Hydro One is sending crews to Florida in an effort to support the millions of people left without power in the wake of hurricane Irma. The operator of Ontario’s largest electricity distribution system says it’s getting ready to send 175 employees south.
Northland Power renews investor enthusiasm with green-energy initiatives
The Globe and Mail - Just more than a year ago, chief executive John Brace had to hit the pause button on growth initiatives at Northland Power Inc., one of the country's largest renewable-power companies: Its board of directors decided to launch a strategic review in July, 2016, a process that was widely expected to see the $4-billion company sold to a rival or pension fund. Chinese power producers were reported to be kicking tires.
Hamilton police report mischief to Enbridge pipeline
Global News - Hamilton police say they’re investigating multiple instances of mischief to an oil pipeline in the city. Police provided few details about the incidents involving the pipeline, which runs through Hamilton and is owned by Enbridge Inc.
Ontario energy efficiency programs won’t work
Toronto Sun - The Wynne government is once again pursuing high-cost energy programs that will yield minimal benefits for Ontarians. This time the government has its sights set on energy efficiency programs.
TransCanada asks NEB to halt federal review of Energy East pipeline
The Globe and Mail - TransCanada Corp. is seeking to halt a federal review of its $15.7-billion Energy East pipeline, raising the possibility the project could get scrapped in a move that would spare Prime Minister Justin Trudeau from having to make a politically charged decision on the project's fate.
Natural gas infrastructure expands into rural Ontario
Daily Commercial News - Union Gas has announced approvals for two natural gas pipeline projects in rural southern Ontario and also revealed it has formally applied for funding under a new provincial program that will see hundreds of millions of dollars’ worth of other remote gas infrastructure projects undertaken by the firm and its competitors.