IPPSO hammers Ontario Hydro

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The Independent Power Producers' Society of Ontario (IPPSO) hammered Ontario Hydro at a recent US Federal Energy Regulatory Commission (FERC) hearing, again opposing the government owned utility's bid for a power marketer license in the US. "Hydro wants to market power at dumped prices in the US, while charging Ontarians twice as much, loading more pollutants on Ontarians, and shutting out cheaper, cleaner generators," said Jake Brooks, IPPSO's executive director. The trade group is alarmed that Hydro plans to double exports to the US using primarily its coal fired plants, saying Ontarians would suffer major pollution damages. IPPSO noted that Ontario Hydro fails to incorporate major pollution and risk costs into pricing and that "this structural monopoly embeds subsidies and secretive practices which run counter to the fair competition goals of FERC Order 888, and the disclosure terms of Order 889." Brooks added: "Hydro is throwing good money after bad on its nuclear and coal plants. Independent generators can deliver power at lower risk, lower cost, and lower harm to the environment. Only a subsidy soaked, unaccountable monopoly stands in the way." The trade group insists that FERC should turn down the bid until Hydro's generation and transmission systems are completely separated, and an independent regulator is created for the province.

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