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ARTICLE · 15 AUGUST 2011

Recent Changes To Developing And Operating A Renewable Energy Project In Ontario

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Last week, a number of changes were made to the process of developing and operating a renewable energy project in the province of Ontario.

CanadaEnergy and Natural Resources
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Last week, a number of changes were made to the process of developing and operating a renewable energy project in the province of Ontario. The changes are summarized below.

Changes to Feed in Tariff (FIT) Contract Terms

The Ministry of Energy directed the Ontario Power Authority (OPA) to offer FIT contract holders the opportunity to have the OPA's termination rights under the FIT Contract waived. The directive allows renewable energy project developers to elect to obtain a waiver of the OPA's termination rights contemplated in Section 2.4(a) of the FIT Contract (the "Waiver").

In conjunction with the Waiver, developers who have identified solar (PV) or wind as their renewable fuel type must submit the following additional information to the OPA:

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