January 23, 2009

Ontario wind power gets $1.3 billion

CANADA/ENVIRONMENT - The Ontario government announced today another $1.3 billion worth of renewable-energy projects, most of it wind, as part of its ongoing effort to "green" up the province's power mix and get rid of coal-based generation.

Ontario's coal-powered generators are getting old and either need to be replaced (at a cost of billions of tax dollars) or phased out while the province upgrades its renewable energy sources.

The Ontario Power Authority, will reveal this morning the results of a bidding process that began in October and aims to add at least another 500 megawatts of renewable electricity to the grid.

Winners chosen to invest in and develop the projects get a long-term power purchase agreement with the province.

The power authority was directed back in August 2007 to secure 2,000 megawatts of renewable supply, part of the government's goal of doubling renewable power in the province to 15,700 megawatts by 2025 (enough for 6 million homes) and bringing on 2,700 megawatts of that by 2010 (enough for over 1 million homes).

The previous two bidding rounds have resulted in seven wind farms capable of contributing 900 megawatts of power, though some projects remain in development.

Ontario expects to have 1,200 megawatts of wind power capacity in operation this summer.

The newest addition will likely be the 200-megawatt Wolf Island Wind Project near Kingston which, at a cost of $450 million, is expected to generate enough electricity over a year to power the equivalent of 75,000 homes.

No comments:

Post a Comment

Comments containing links will be marked as spam and not approved. We moderate every comment. If you want to advertise on this blog it is $30 per link.

Affordable Website Design & SEO

Looking for a quality professional website designer? Why not go where the smart money is?! Toronto Website Design and Toronto SEO. Get free SEO advice from people who really know the business.

Featured Posts

The Sarcasm Symbol
Ever had some confusion online or with your cellphone when someone fails to catch the sarcasm? Well now with the SarcMark you can ge...
Behold, the Scorpion Hydrogen Supercar
CARS - To the right is the future of supercars... it is a hydrogen supercar called the Scorpion. The Scorpion from Ronn Motors in Texas is t...
Documents show Stephen Harper misusing public funds
CANADA - According to 950+ pages of documents obtained by the Canadian Press under the Access to Information Act the Privy Coun...
Pink's Rosie the Riveter
ENTERTAINMENT - What I like about this video is how it meshes different social movements like feminism, veganism, anti-capitalism...
California's Dustbowl
ENVIRONMENT - The photo on the right is a farm in California that has been put up for sale. Its just one of thousands of farms that are n...
Is Steampunk the New Goth???
GOTHIC - Watch out what you see on the subway late at night because while in 2001 you might have seen some pretty freakish goths, by 20...
Do you have enough Ice Water in your diet?
HEALTH - A Calorie (large C) is a measurement of the amount of energy needed to raise the temperature of a litre of water (1 kg's worth) ...
North Korean timeline towards Inevitable War
POLITICS - The following is timeline of events that have occurred on the Korean Peninsula. 1945 - Japan surrenders to the United States a...
Judgment Day is Tomorrow, so sayeth Cult
RELIGION - According to a cult based in California, Judgement Day is tomorrow (May 21st 2011) and Jesus Christ will return to the Earth a...
Sex in Space Forbidden
SEX/TECHNOLOGY - Sex in outer space is a big no-no according to NASA. Not for professional astronauts at least, but the growing numb...

Popular Posts