Tag Archives: Ontario Power Generation

September 30, 2019 – just another high-cost electricity day in Ontario

If every day was like September 30, 2019, Ontario ratepayers would be paying $2.7 billion for power consumed elsewhere, while operators of FIT generators would be stuffing money in their bank accounts. Continue reading

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Provincial finances are worse than they look as politicians hide their megaproject boondoggles

(November 14, 2017) Political leaders are determined to bury the risk of pet megaprojects.

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It’s the end of energy regulation in Ontario as we know it

(November 9, 2017) The price consumers pay for power is now a political decision, rather than an economic one.

Posted in Power Generation in Ontario, Reforming Ontario's Local Electrical Distribution Sector | Tagged , , , , , , , , , | 1 Comment

Key project at Darlington nuclear facility hundreds of millions over budget, delayed

(October 16, 2017) A Global News investigation has uncovered a single component of the Darlington nuclear project could cost half a billion dollars, four-times initial estimates. Auditors say project “plagued” by problems.

Posted in Nuclear Economics, Nuclear Power, Reforming Ontario's Electrical Generation Sector | Tagged , , , , , , , , , | 3 Comments

Megaprojects like Site C bankrupt power utilities

(October 2, 2017) The Site C dam exhibits many of the same traits afflicting other megaprojects: an undermining of the regulatory system, accounting tricks that mask the real cost of the project and an explicit guarantee of a taxpayer bailout.

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This time is different: OPG says its megaproject not like the others

(October 11, 2016) Ontario Power Generation (OPG) is confident that its new megaproject will do the impossible: come in on time and on budget.

Posted in Electricity, Energy Probe News, Nuclear Power, Reforming Ontario's Electrical Generation Sector | Tagged , , , , , , , , | 3 Comments

Parker Gallant: Pumped storage equals pumped energy prices

(November 18, 2013) As Hans and Franz of SNL fame used to say, “we want to pump you up,” and that appears to be what Northland Power Inc. want to do with a water-filled abandoned iron ore mine in Marmora, Ontario. Continue reading

Posted in Alternative Energy, Costs, Benefits and Risks, Electricity, Power Generation in Ontario, Privatization, Reforming Ontario's Electrical Generation Sector, Utility Reform | Tagged , , | 6 Comments