OEB amends licences to limit coal generation
The licenses of IESO and OPG have been amended to permit OPG to refrain from operating the coal-fired plants continuously, as it would otherwise be obliged to do.
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Surging electricity demand is putting power systems under strain around the world
LONDON - Global electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a record high. Electricity is central to modern life and clean electricity is pivotal to energy transitions, but in the absence of faster structural change in the sector, rising demand over the next three years could result in additional market volatility and continued high emissions, according an IEA report released today.
Driven by the rapid economic rebound, and more extreme weather conditions than in 2020, including a colder than average winter, last year’s 6% rise in…
