| Wind Watch is a registered educational charity, founded in 2005. |
Ontario to review feed-in tariff program
Credit: By Antonella Artuso ,Queen's Park Bureau Chief, www.torontosun.com 31 October 2011 ~~
Translate: FROM English | TO English
Translate: FROM English | TO English
The Ontario government is launching a review of its controversial feed-in tariff (FIT) program for wind and solar energy, Energy Minister Chris Bentley announced Monday.
“We want to make sure that we continue to grow the clean, green energy economy at the right price,” Bentley said.
Deputy Minister Fareed Amin will lead the process, which is to conclude on Dec. 14 and involve input from many sources including providers and the general public, who can answer an online survey or make a written submission at Ontario.ca/FITreview.
The FIT program offers a successful applicant a guaranteed price for energy produced through renewable sources such as sun, wind, water and bioenergy.
It was designed so producers of the energy, whether a small solar panel project set up by a single landowner or a large wind turbine farm owned by a multinational firm – make a “reasonable” profit on their investment.
The program was both successful and contentious.
Some critics complained some guaranteed prices were ridiculously generous at the expense of hydro customers while others fought over the location of large wind turbine projects.
The Dalton McGuinty government brought down rates in response to the outrage.
This review could lead to even lower prices for renewable energy because many of the costs associated with the projects, including the technology, have decreased, Bentley said.
Any change in price would affect smaller projects without a contract that applied after Aug. 31 2011, and larger projects that have yet to obtain a contract.
This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.
The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.
| Wind Watch relies entirely on User Funding |
 (via Stripe) |
 (via Paypal) |
Share:
[ Short URL: https://wind-watch.org/news/?p=14953 ]
