Today, the OPA announced 40 new contracts for over 870 MW of renewable energy under the Feed-in Tariff Program. These new contracts include 257 MW of solar projects and 615 MW of onshore wind projects. Applicants who were not awarded contracts because transmission capacity is not currently available have been added to the OPA's priority ranking list and will proceed to the OPA's Economic Connection Test. In the coming weeks, the OPA also expects to begin awarding phase three contracts for smaller capacity allocation exempt projects. As announced earlier this month, the OPA will not proceed with proposed offshore wind projects while further scientific research is conducted. Applications for offshore wind projects will no longer be accepted and current applications will be suspended.
Last week, the McGuinty government also issued its Supply Mix Directive to the OPA, which sets the goals to be achieved through the OPA's long-term energy plan. This directive includes increasing hydroelectric generation to account for 20 to 25 percent of Ontario's supply mix, increasing renewable power generation to account for 10 to 15 percent of Ontario's supply mix (by 2018) and maintaining nuclear generation at 50 percent of Ontario's supply mix. This will require the procurement of two new nuclear units at Darlington to generate an additional 2,000 MW. Yesterday, the Joint Review Panel for Ontario Power Generation's proposed new nuclear units at Darlington confirmed three weeks of public hearings starting on March 21, 2011.
If you have any questions regarding the foregoing, please contact Sarah Powell (416.367.6931) or Alexandria Pike (416.367.6989) in our Toronto office.
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