Share on LinkedInShare on LinkedIn

ARTICLE · 25 JULY 2018

Ontario Cancels Renewable Energy Projects and Introduces White Pines Wind Project Termination Act, 2018

On July 5, 2018, Ontario's newly-appointed Minister of Energy, Development and Mines, Greg Rickford (the "Minister"), issued a Directive (1003/2018) ...

CanadaEnergy and Natural Resources

On July 5, 2018, Ontario's newly-appointed Minister of Energy, Development and Mines, Greg Rickford (the "Minister"), issued a Directive (1003/2018) pursuant to subsections 25.32(5) and (11) of the Electricity Act, 1998 to the Independent Electricity System Operator ("IESO") to immediately wind down all Feed-In Tariff ("FIT") and Large Renewable Procurement ("LRP") projects. Specifically, the Directive states that "as soon as is practicable," the IESO must "wind down all FIT 2, 3, 4 and 5 contracts where the IESO has not issued Notice to Proceed" and "wind down all LRP I contracts where the IESO has not notified the LRP 1 counterparty that all Key Development Milestones have been met."

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from