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News Briefs

  • H2O Innovation subsidiary lands new deals in US +

    H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the Read More
  • EDC offers new green bond +

    Export Development Canada’s (EDC) latest green bond has been priced. Set at $500 million with a 1.8 fixed rate, the Read More
  • Capital Power moving ahead with New Frontier Wind +

    After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed Read More
  • General Fusion takes new step towards reactor design +

    Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion Read More
  • Federal, Ontario governments take big step in reducing diesel reliance in FN communities +

    The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step Read More
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Stock Market

The Ontario government’s Conservation First Framework got a rough ride from local distribution companies (LDCs), natural gas firms and large power users during the Ontario Power Authority’s recent Stakeholder Advisory Committee (SAC) meeting. The big area of concern was the backend loaded aspect of the plan which means LDCs wouldn’t see any money until the end of the six-year period.

Parliamentarians have been back at work for a few of days now and the governing Conservatives continue to push an economic agenda. Its most recent announcement on EI premium cuts is expected to stimulate sluggish job growth. Perhaps, this is a good move, but unfortunately the myopic thinking of the federal government is missing a prime opportunity to not only encourage job growth, but also stimulate more economic output and address climate change at the same time.

A new report from the CD Howe Institute says that Ontario could see lower electricity prices and a better supply-demand match by moving to a capacity market. Released last week, the paper also notes that the existing centrally managed system is open to too much political interference.

The Ontario Power Authority (OPA) is only going to consider qualification proposals from proponents with significant financial resources and experienced teams, according to its draft RFQ energy storage procurement document. Companies can submit qualification request for a broad range of energy storage technologies.

The Ontario government’s Conservation First Framework aims to give local distribution companies (LDCs) much more flexibility in designing and delivering electricity savings programs to all classes of customers. This added flexibility may, however, create some unintended consequences that could lead to LDCs dropping popular programs such as peaksaver PLUS.