Decision on RETs RFP by year end


Ontario Hydro's Brian Kelly still expects a decision on the winners in the Renewable Energy Technologies (RETs) programme "before year end." Announcement of the RETs winners has been delayed, apparently because Ontario Hydro is undergoing major restructuring. If approved, the package of private sector projects could provide 46 MW of capacity, 158 GWh/year of green energy at a total cost of $15 million a year. The approximate weighted cost of the projects would be C$0.095/kWh, which is a C$0.065/kWh premium over Hydro's avoided cost of C$0.03/kWh. CanWEA's Jeff Passmore said the association believes the RETs Round 1 programme will eventually go-ahead. Ontario Hydro has allowed other RETs programmes to proceed. "Net energy billing," allowing wind producers to effectively bank power with the utility, will start on a pilot basis for up to 20 installations and up to 50 kW per site.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in