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A new blueprint for Ontario's electricity market

"Ontario can more cost-effectively meet its electricity needs and environmental objectives by returning to reliance on a well-designed market, with truly independent institutions and long-term price signals for capacity on a technology neutral basis." -- Cover.

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  • "The Ontario power sector today has oversupply, a mismatch of generator capabilities and needs, rising prices to final consumers, a lack of transparency in prices, and volatile and contradictory policies. Consequently, private-sector actors are unable to justify investment without some form of government-backed contract. The government's failure to rely on either sound planning or market principles has meant that the province has not procured generation capacity at a long-run least cost. This document looks at problems with the status quo, creating a long-term price signal for power in Ontario, related issues, and next steps for the province.--Includes text from document."
  • ""Ontario can more cost-effectively meet its electricity needs and environmental objectives by returning to reliance on a well-designed market, with truly independent institutions and long-term price signals for capacity on a technology neutral basis." -- Cover."@en
  • ""An ongoing challenge for power markets worldwide is to assure sufficient continued investment to maintain reliability. A properly designed capacity market - in which plants receive payment for available supply capacity whether or not the power generator runs - may enable Ontario to increase reliance on market signals for new investment. To be effective, the government must pair building a capacity market with several changes in the role and function of existing Ontario power market institutions. The government should isolate policymakers from implementation agencies"--Page [1]."@en
  • "Ontario can more cost-effectively meet its electricity needs and environmental objectives by returning to reliance on a well-designed market, with truly independent institutions and long-term price signals for new capacity on a technology-nuetral basis."@en

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  • "A new blueprint for Ontario's electricity market"@en
  • "A new blueprint for Ontario's electricity market"

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