Thursday

Ontario Announces 2,500 Megawatts of Renewable Energy Deals




from TreeHugger.com
by Michael Graham Richard, Ottawa, Canada

Canada's most populous province has been signing deals left and right since it increased its feed-in tariffs (the danger is now arguably that they're too generous, and this could lead to a backlash from rate-payers). The Ontario Power Authority (OPA) has recently announced deals for 184 new projects, mostly wind, solar, run-of-river hydro, and landfill gas capture.

OPA writes: "The 184 projects announced today will generate enough energy to power 600,000 homes. Located in communities across the province, the total 694 Feed-in Tariff (FIT) contract offers announced to date will create 20,000 direct and indirect green jobs and attract about $9 billion in private sector investment, as well as investment in new Ontario-based manufacturing."


This adds up to about 2,500 megawatts of nameplate capacity, though the actual production factor should be lower than that. For wind and solar it usually falls in the 20-35% range, and for hydro it's usually higher than that (there are many factors)....Read the full story on TreeHugger