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Tag Archives: OPG
Hydro One CEO salary peanuts compared to overspending and waste in electricity sector
(April 25, 2018) So, you want to be Ontario’s next Premier and you’re looking to lower hydro bills? Here’s where you should be looking.
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.
Ontario’s public power failure redux
(June 22, 2017) Ontario is repeating its failed public power experiment.
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.
Lawrence Solomon: A billion dollars full of nuclear waste
(November 21, 2013) The Deep Geologic Repository is a make-work project. Continue reading
Parker Gallant: The forgotten directive
(September 12, 2011) Parker Gallant’s article discusses the impact of Ontario’s Feed-in-Tariff (FIT) programs on Ontario energy taxpayers. While the FIT programs have been a great investment opportunity for investors, the majority of Ontarians suffered since OPG could not participate in the gold rush. Continue reading
Parker Gallant: OPG’s creative accounting
(September 1, 2011) Ontario Power Generation recently released its 2nd Quarter results. On the surface all seems well with OPG — it announced an after tax (Payments in Lieu of taxes) profit for the quarter of $114 million for the 6 months ended June 30, 2011 versus $40 million for the comparable quarter in 2010. Continue reading
Parker Gallant: Turning OEFC’s “Stranded Debt” into Political Spin
(August 22, 2011) Dates appearing on the most recent annual report by the Ontario Electricity Financial Corporation (OEFC) give reason to believe that the report not only has yet to be tabled, but its early release may something to do with the Progressive Conservative’s promise to remove the “Debt Retirement Charge” from electricity bills and the Liberals’ plan to keep the DRC on electricity bills until remaining debts have been resolved. Continue reading
Posted in Power Generation in Ontario Tagged debt, Debt Retirement Charge, DRC, feed-in-Tariff, FIT, hydroelectricity, Liberal Party, Liberals, Nuclear Decommissioning Fund, OEFC, Ontario electricity, Ontario Electricity Financial Corporation, Ontario energy, Ontario Hydro, Ontario Legislature, OPG, Parker Gallant, PC Ontario Hydro debt, Progressive Conservative, renewable energy resources, RES, Scott Luft, tax payers, tax policies, Tim Hudak 2 Comments
Local Distribution Companies – Is Anyone Watching?
(April 18, 2011) Parker Gallant argues that Ontario needs to set cost and performance benchmarks for local electricity distribution companies, and encourage mergers amongst them to increase efficiency. Continue reading