Ontario Announces Second Round Of Large-Scale Renewable Energy Projects

Thu, 02/24/2011

  

NEWS RELEASE


OntarioAnnounces Second Round Of Large-Scale Renewable Energy Projects

TORONTO, ON, Feb. 24, 2011 –Ontario is taking another step in building a clean energy economy by awarding the next round of Feed-in Tariff contracts through the Ontario Power Authority (OPA). There are 40 new projects being announced, representing more than 872 megawatts (MW) of clean power – enough to power 200,000 homes, or a community the size of Burlington.

Contracts have been awarded for 35 additional solar projects, representing 257 MW, four wind projects, representing 615 MW and one water project totalling 500 kilowatts. Of these contracts, five have been awarded to community groups and one Aboriginal project has been approved.

Combined, these projects represent an estimated 7,000 direct and indirect jobs and approximately $3 billion in private-sector investment.

These contracts are the second phase of large-scale renewable energy projects to be awarded under Ontario’s Feed-In Tariff (FIT) Program. Last year, the OPA signed the first 180 contracts for large-scale (larger than 500 kW in capacity) projects. 

“The Feed-In Tariff program is continuing to meet its objective to encourage more renewable energy to be developed in Ontario,” said Colin Andersen, Chief Executive Officer of the Ontario Power Authority. “Interest in the program continues to be strong, and Ontario will benefit from the new clean, renewable energy that these FIT contracts will deliver.”

“Today’s announcement is another milestone in the success of Ontario’s Feed-in-Tariff program. With the addition of these new renewable energy projects, we are ensuring that more jobs and investments are coming to communities across Ontario as we build the clean energy economy and clean up the air for our children and grandchildren,” said the Hon. Brad Duguid, Minister of Energy.

Significantly expanding the amount of renewable generation is a key part of the provincial government’s strategy to address climate change by eliminating dirty coal-fired generation by the end of 2014. The FIT Program’s mandatory requirements for made-in-Ontario technologies and services also makes renewable generation a key part of the strategy to make the province North America’s leader in green jobs and manufacturing.

A listing of the second-round FIT Program contracts is available on the FIT website, fit.powerauthority.on.ca.

Large-scale FIT applications submitted up to June 4, 2010 that were not offered contracts will be subject to the first Economic Connection Test (ECT) under the FIT program.The OPA will be coming forward with details regarding the first Economic Connection Test.

In the coming weeks, the OPA expects to begin awarding more contracts for capacity allocation exempt (CAE) projects (under 500 kilowatts).

The FIT Program is North America's first comprehensive guaranteed pricing structure for renewable electricity production. It offers stable prices under long-term contracts for energy generated from renewable sources, including biomass, biogas, landfill gas, onshore wind, solar photovoltaic and waterpower. The FIT Program was enabled by the Green Energy Act, which was passed into law on May 14, 2009. More information is available at fit.powerauthority.on.ca.

The Ontario Power Authority is responsible for ensuring a reliable, sustainable supply of electricity for Ontario. Its key areas of focus are planning the power system for the long term, leading and coordinating conservation initiatives across the province, and ensuring the development of needed generation resources.

– 30 –

Media Contacts:

Tim Butters
Ontario Power Authority
416-969-6249

Toll Free: 1-800-797-9604