Largest energy procurement in the province's history is on a collision course with federal policy
Ontario projects electricity consumption will grow 60 per cent by 2050, or an average of 1.9 per cent per year. for decades to come, but it’s also headed for a possible collision course with federal policies designed to phase out
Ontario’s decision marks the latest clash on the country’s journey towards a net-zero electrical grid and raises questions about what role natural gas can or will play as a transition fuel in the coming decades. that create emissions standards that effectively force natural gas to be phased out by 2035, with a few exceptions that could make some natural gas use possible until 2040.
Last year, the IESO launched a procurement known as Long-Term RFP 1 , in which it procured nearly 2,200 megawatts of additional capacity,But the procurement that Lecce spoke about last week, known as Long-Term 2 RFP , is designed to address energy needs emerging in 2029 and into the 2030s, and is expected to feature 20-year contracts.
“The costs to keep them up are lower because there’s no fuel,” he said. “Wind and solar should win a lot of this procurement.” In its response to the CER, the IESO — which is responsible for ensuring grid reliability — expects natural gas to play a role until 2040. It said it will need to add natural gas in the coming decade as Ontario takes nuclear plants offline in order to refurbish them., the grid needs some flexible generation capacity available to turn on and off quickly, increase and decrease output, and to be on standby in case of sudden system changes,” the IESO said in November 2023.
UConn and South Carolina are headed to the White House to celebrate their latest NCAA basketball titles. The schools announced the visits, where they will be honored by President Joe Biden, on Thursday. UConn men's basketball, which won back-to-back NCAA Tournament titles for the first time since Florida did it in 2006 and 2007, is making its sixth visit to the White House.Glenbow is thrilled to announce a $2 million gift from Gail and David O'Brien as part of Glenbow Reimagined.
Ontario Stephen Lecce Electricity Consumption Electrical Grid Energy Transition IESO Procurement The Federal Government
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