Study Estimates Billions of Dollars in Benefits From IESO’s Market Renewal Project

By David Stevens on March 10, 2017

A recent study prepared by the Brattle Group and others for Ontario’s Independent Electricity System Operator (IESO) estimates that Ontario could realize net benefits of $2.2 billion to $5.2 billion from reforming the wholesale electricity markets. This would be achieved through the IESO’s proposed Market Renewal Project. The benefits would start around 2021 and would […]

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NRCan Developing Stringent Energy Efficiency Standards For Appliances and Equipment

By David Stevens on March 8, 2017

On March 4, 2017, Natural Resources Canada (NRCan) issued a Notice to initiate the development of new or more stringent energy efficiency standards for 17 product categories of appliances and equipment. This is the first step in a consultation process that will result in updates to the Energy Efficiency Regulations made under the Energy Efficiency […]

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Ontario Announces Fair Hydro Plan to Reduce Electricity Bills

By David Stevens on March 6, 2017

On March 2, 2017, Premier Wynne announced the Fair Hydro Plan that is intended to reduce residential electricity bills in Ontario by 17%. Ontario’s government says that when these savings are combined with the removal of the Ontario portion of HST on electricity bills (discussed in an earlier post), the total savings will be 25% […]

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A Return to Poor Results in the Latest California/Quebec Carbon Credit Auction

By David Stevens on March 2, 2017

On March 1, 2017, the Quebec and California governments announced the results of the tenth Cap and Trade System Joint Auction. The results show that very few of the available greenhouse gas allowances (credits) offered for sale were purchased (around 16.5%). This is a huge decline from the prior auction where around 90% of available […]

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Report Finds That Ontario’s Time-Of-Use Pricing Shifts Electricity Consumption

By David Stevens on February 28, 2017

A February 2017 report titled “The Impact of Time-Of-Use Rates in Ontario,” authored by the Brattle Group (with contributions from Mountain Economic Consulting and eMeter), looks at the impacts of the implementation of time-of-use (TOU) pricing in Ontario. The report (which can be found here) is summarized in a February 2017 article in Public Utilities […]

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