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Ont. fixing price for green power

CAMBRIDGE, Ont. -- Ontario is fixing prices for green power generated by small renewable energy projects.

Under the program, the Ontario Power Authority will buy power produced by wind farms and other renewable methods at 11 cents per kilowatt-hour.

The fixed price for solar energy will be 42 cents per kilowatt-hour.

The province estimates the scheme, called the Standard Offer Program, will help add up to 1,000 megawatts of renewable energy to Ontario's power grid over the next 10 years.

In 2004, the governing Liberals committed to generating five per cent -- or 1,350 megawatts -- of electricity through renewable sources by 2007.

Premier Dalton McGuinty made the announcement in Cambridge, Ont., with Energy Minister Donna Cansfield.

"Encouraging communities to develop more renewable electricity -- will help clean up our air, create jobs and contribute to our long-term prosperity,'' McGuinty said in a statement.

Under the program, the Ontario Power Authority will buy power produced by wind farms and other renewable methods at 11 cents per kilowatt-hour.
 
The fixed price for solar energy will be 42 cents per kilowatt-hour.
 
The province estimates the scheme, called the Standard Offer Program, will help add up to 1,000 megawatts of renewable energy to Ontario's power grid over the next 10 years.
 
In 2004, the governing Liberals committed to generating five per cent -- or 1,350 megawatts -- of electricity through renewable sources by 2007.
 
Premier Dalton McGuinty made the announcement in Cambridge, Ont., with Energy Minister Donna Cansfield.
 
"Encouraging communities to develop more renewable electricity -- will help clean up our air, create jobs and contribute to our long-term prosperity,'' McGuinty said in a statement.


Source: http://www.canada.com/natio...

MAR 21 2006
https://www.windaction.org/posts/1802-ont-fixing-price-for-green-power
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