The Canadian province of Ontario is conducting a review of the Ontario Power Authority’s Feed-in Tariff (FiT) programme. The review will examine its rules and pricing.
The review will consider a range of issues, including:
- FiT price reduction
- Long-term sustainability of clean energy procurement
- To build on the success of Ontario-based manufacturing and clean energy procurement
- Introduction of new technologies and fuel sources
- Local consultations and the renewable energy approval (REA) process
It will also develop new prices for FiT contracts, with the intention of balancing the interests of ratepayers with the need to encourage investment in clean energy in the province.
All future clean energy contracts will be subject to the new price schedule.
Ontario’s deputy minister Fareed Amin will head-up the review, and will work together with the Ontario Power Authority, as well as consult with the sector throughout the review process.
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