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ARTICLE · 07 FEBRUARY 2025

Powering Ontario's Future: New Long-Term Energy Procurement Plan And Strategy

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As Ontario's electricity needs continue to grow, the province is undertaking the largest competitive energy procurement in its history. On December 11, 2024, the Ontario Minister of Energy and Electrification...

CanadaGovernment, Public Sector
Leonella Kovalevsky
Leonella Kovalevsky
Mikail Osman
Mikail Osman
Thomas Timmins
Thomas Timmins
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As Ontario's electricity needs continue to grow, the province is undertaking the largest competitive energy procurement in its history. On December 11, 2024, the Ontario Minister of Energy and Electrification (the "Minister"), Stephen Lecce, announced a 50 per cent increase in the energy procurement target under the Long-Term 2 Request for Proposals ("LT2 RFP"). The target has been raised from 5,000 megawatts ("MW") to 7,500 MW, which is estimated to supply energy for approximately 1.6 million additional homes.1

LT2 RFP aims to procure new electricity generation capacity to with a stated focus on integrating non-emitting energy sources, protecting prime agricultural land, and fostering of Indigenous partnerships.2

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