Toronto: One of the final pieces of Ontario’s hybrid market structure is close to completion. The Ontario Energy Board, after nearly a year of consultations, has prepared a set of filing requirements that will be used to determine the rates for power generated by OPG’s regulated assets (its nuclear plants and three large hydroelectric stations, Adam Beck, De Cew Falls and R.H. Saunders).
In a statement released in March, the OEB said, “The Board invites interested parties to comment on staff’s draft filing requirements. Following consideration of comments received from interested parties, the Board will issue final filing requirements. Interested parties should file their written comments on the draft filing requirements with the Board by April 30, 2007 and as set out below. As contemplated in the Board’s March 21, 2006 letter, cost awards will be available to eligible persons under section 30 of the Ontario Energy Board Act, 1998 in relation to the preparation of written comments on the draft filing requirements, up to a maximum of 20 hours.'
(See also “OEB chooses COS for OPG, but sets sights on incentive regulation,' IPPSO FACTO, December 2006, and “Debate begins on regulated OPG assets' from IPPSO FACTO, August 2006.)