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The Ontario Power Authority (OPA) was an independent, non-profit corporation established through the Electricity Restructuring Act, 2004 (Bill 100).Licensed by the Ontario Energy Board, it reported to the Ontario legislature through the Ministry of Energy.
In April 2012, the Energy Minister of Ontario Chris Bentley introduced legislation in provincial Parliament to merge the Ontario Power Authority and IESO. [1] The merger was expected to take place in late 2012. After the Premier of Ontario Dalton McGuinty resigned in the fall of 2012, the merger was postponed.
The Ontario Power Authority anticipates that the contribution of cogeneration to electricity conservation will be between 47 and 265 MW depending upon how aggressively it is pursued in Ontario. [89] However, these projections are controversial, as there is still much debate about the real-life potential of widespread cogeneration projects.
Nuclear power accounts for roughly 60% of Ontario's power generation, and represents the baseload of its power supply. [1] The government plans to maintain nuclear power's role in energy generation through to 2025.
This was part of the Ontario government's commitment to phase out all of its coal-burning power generation. [9] On 1st November 2012, OPG announced that the Ontario Power Authority requested that the conversion to natural gas be suspended until the Ontario Power Authority could assess generating needs in northwestern Ontario. [10]
Today, Cameco announced it has agreed to sell its 31.6% interest in Bruce Power, the operator of four of the eight reactors at the largest nuclear facility in the world, for $450 million to BPC ...
The Ontario market is a hybrid, with the Ontario Power Authority (now merged with the IESO) "contracting for supply, integrated system planning, and regulated pricing for much of Ontario's generation and load". [14] In Alberta, the generation business is competitive, while transmission and distribution are rate-regulated. [14]
Ontario Power Generation (OPG) 1999–present; created from the breakup of Ontario Hydro; From 1974 to 1999 Ontario Hydro reported to the Minister, but the public utility was broken up into various agencies and crown corporations. Prior to 1974 Ontario Hydro reported to Commissioners appointed by the Premier and a few were Ministers without ...