Competition begins for 500 megawatts of renewable projects

subscribe

"Faster, stronger, cleaner" is the theme as Ontario sets the stage for world-class renewable energy developers to bid on 500 more megawatts of contracts for new green energy supply.

The final contract rules have been set for a competition to award new contracts for projects larger than 10 megawatts (MW). For instance, a 10-megawatt wind facility can power more than 2,600 Ontario homes for a year. This bidding will mark the first phase of a Renewable Energy Supply (RES) procurement process, one that is intended to combat climate change by adding 2,000 MW of new green power to Ontario's electricity supply.

The projects are a key step in the province's goal to double the amount of renewable energy supply by 2025 and will emit almost zero greenhouse gas emissions per megawatt hour compared to about 1,000 kilograms per megawatt hour currently emitted by coal-fired plants.

The 500-megawatt RES III Request For Proposals (RFP) process is designed to be highly competitive and bring renewable capacity to the province in areas where it is most needed. Proposals will be evaluated for technical capability, financial strength, previous experience, management skills and a variety of other criteria to ensure the successful bidders will complete their projects on time and on budget. A fairness advisor will monitor the process.

The Ontario Power Authority – the province's energy planner – will process and evaluate the bids. The deadline for bids is Oct. 28, 2008 and the successful projects are expected to be announced in December, 2008.

"These projects will not only increase Ontario's supply of clean, sustainable energy sources, they will help boost local economies and create jobs," said George Smitherman, Deputy Premier and Minister of Energy and Infrastructure.

"This announcement kick starts the process to which we anticipate a strong response," said Robert Hornung, President of the Canadian Wind Energy Association. "The wind energy industry is ready to answer the call to provide Ontarians with an infinite source of emissions-free energy for generations to come."

Related News

chicago wind electricity

Proposed underground power line could bring Iowa wind turbine electricity to Chicago

CHICAGO - The company behind a proposed underground transmission line that would carry electricity generated mostly by wind turbines in Iowa to the Chicago area said Monday that the $2.5 billion project could be operational in 2024 if regulators approve it.

Direct Connect Development Co. said it has lined up three major investors to back the project. It plans to bury the transmission line in land that runs along existing Canadian Pacific railroad tracks, hopefully reducing the disruption to landowners. It's not unusual for pipelines or fiber optic lines to be buried along railroad tracks in the land the railroad…

READ MORE
elon musk

Tesla CEO Elon Musk slams Texas energy agency as unreliable: "not earning that R"

READ MORE

netherlands-outpaces-canada-in-solar-power-generation

The Netherlands Outpaces Canada in Solar Power Generation

READ MORE

india coal shortage

India to Ration Coal Supplies as Electricity Demand Surges

READ MORE

PGE logo

Poland’s largest power group opts to back wind over nuclear

READ MORE