McGuinty Government Sparks Interest In Green Electricity Renewable Energy Request Popular With Electricity Producers QUEEN'S PARK, ON, June 24 - In a strong response to a government request, 90 companies have expressed interest in generating renewable electricity in Ontario, Energy Minister Dwight Duncan announced today. "We have received expressions of interest that would total approximately 4,400 megawatts of renewable supply, including wind, solar, water, biomass and landfill gas - that's almost 15 times the amount of clean, green electricity we're currently seeking," Duncan said. "I am extremely encouraged by the industry's positive response to this initiative. This is a solid indication that we can meet our renewable energy targets, and improve the quality of our air with greener sources of power." The McGuinty government has set a target of generating five per cent (1,350 megawatts) of Ontario's total energy capacity from renewable sources by 2007, and 10 per cent (2,700 megawatts) by 2010. Currently, non-hydro renewable electricity sources make up less than 1 per cent of Ontario's overall supply mix. On April 28, the government initiated a Request for Proposals (RFP) for 300 megawatts of renewable electricity to identify interested proponents. Successful bidders will have until August 25 to submit final proposals. It is expected that successful projects could be announced before the end of the year, with new electricity on-line as early as 2006. "This interest shows that Ontario's electricity producers are innovative and environmentally conscious, and can provide consumers with renewable energy choices," Duncan said. "The range of proposals we expect to receive will allow us to choose the most viable, cost-effective projects for Ontario's electricity consumers." The current RFP for renewable energy will be the first of many opportunities for energy providers. The government recently introduced legislation to establish the Ontario Power Authority, which would be able to enter into contracts with energy producers to meet its supply needs and targets, including targets for renewable energy.
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