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ARTICLE · 10 FEBRUARY 2015

Ontario 2015 Renewable Energy Outlook: Procurement Update

DLA Piper
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In recent years, the Ontario Power Authority’s Feed-in Tariff program has driven the market for new renewable generation in Ontario.

CanadaEnergy and Natural Resources
Andrew Lord
Andrew Lord
Graham Erion
Graham Erion
Sean Tyler (Articling Student)
Sean Tyler (Articling Student)
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In recent years, the Ontario Power Authority's ("OPA") Feed-in Tariff ("FIT") program has driven the market for new renewable generation in Ontario. While there continues to be a pipeline of FIT projects to be completed in 2015, FIT will increasingly become a niche program for smaller solar projects this year and may fade away in years to come. Developers of larger projects will have to look to the Large Renewal Procurement that is now being run by the newly amalgamated Independent Electricity System Operator ("IESO"). The IESO (as successor to the OPA) is also exploring ideas for a new capacity auction that may significantly change Ontario's approach to generation procurement starting in 2017. In both the short and long-term, conservation and storage will become increasingly relevant alternatives to generation.

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