CA (ON): New competition for renewable energy projects
Working with the Independent Electricity System Operator (IESO), a Request for Qualifications process will be issued by August 1, 2016 for 930 megawatts (MW) of renewable energy from solar photovoltaic, wind, hydroelectric and bioenergy sources, following engagement with stakeholders, municipalities and Indigenous communities.
The province will continue to ensure renewable energy procurement encourages the selection of projects with local support and competitive prices, as well as projects with First Nation and Métis participation. Based on the results of the first phase of the LRP (LRP I), it is expected that $3.3 billion in LRP costs will be removed relative to the 2013 Long-Term Energy Plan (LTEP) forecast, saving the typical residential electricity consumer an average of $1.67 per month on their electricity bill over the forecast period.
Source: Ontario Government