Information about the contracts that the OPA is presently managing in generation and demand management contracts, excluding Standard Offer Program (SOP) projects. These contracts include nuclear refurbishment, natural gas generation, and renewable and demand reduction capacity.

Generation procurement processes and stakeholder consultation.

As of the second quarter 2010, the OPA had 16,322 megawatts (MW) of electricity supply capacity, based on average contract capacity, under contract. This includes 6,622 MW of renewable energy, 6,700 MW of clean energy, and 3,000 MW of nuclear energy. Within this 16,322 MW of supply capacity, 2,537 MW were procured from existing generating facilities, which required no or minimal new capital investment. The remaining capacity, 13,785 MW, was procured from new development, expansion, redevelopment or refurbishment of existing facilities. This represents over $26.2 billion of new capital investment in generation in the Ontario electricity system since 2005, including approximately $7 billion from the Feed-in Tariff program and $2.6 billion for Lower Mattagami project.

These Progress Reports are prepared quarterly to provide updates on the electricity supply contracts currently being managed by the Ontario Power Authority.

In the context of the proposed Green Energy Act, a Feed-In Tariff (FIT)Program will be used to procure new renewable energy projects. A FIT Program is a simpler way to contract because of standardized program rules and standardized contracts, including standardized prices.

The OPA has developed a methodology and process to publicly disclose the costs of new generation supply contracts. This introduction provides a fundamental overview of generation cost considerations.

Information on the many renewable and clean energy initiatives and procurement programs underway to help meet Ontario’s targets.

The Generation Development division of the OPA contracts for new supply, conservation and demand-management initiatives.

Ontario must replace some two thirds of our generating capacity within the next two decades.