Due to an overwhelming response to its Feed-in Tariff program, the Ontario Power Authority proposed a new pricing category of 58.8 cents / kilowatt-hour – down from the original 80.2 cents – for ground-mounted solar projects.
In its most recent, 2010 first quarter report (updated June 9), the Ontario Power Authority lists 13,485 MW of capacity under contract, comprising 3,785 MW of renewables, 6700 MW of clean energy (simple/combined cycle and CHP), and 3000 MW of nuclear power.
With the passage of Ontario’s Green Energy Act last year, the electricity sector took a sharp turn in the direction of green economics - and rethinking the boundaries between policy and regulation.
With the passage of the Green Energy and Green Economy Act (GEGEA) in 2009, the Ontario government set the stage for the most ambitious feed-in tariff (FIT) program for renewable energy in North America.