by John Spears, The Star
Wind and solar power companies in Ontario say they’re about to be penalized $100 million by the agency that runs the province’s electricity market. The renewable energy firms say that’s how much they’ll lose if the Independent Electricity System Operator (IESO) restricts the flow of wind and solar power onto the electricity grid when the demand for power is low, but winds are high.
The companies have filed an application with the Ontario Energy Board asking it to force the IESO’s to review its new rules, which they brand as discriminatory and “nothing less than a reversal of government policy.” The new rules, they say “are designed to fundamentally change the bargain” for renewable energy firms.
The IESO, for its part, has estimated that there will be a general benefit to all electricity users of as much as $225 million a year if its new rules go into effect. The dispute centres around the way most wind and solar power flows onto the grid. Most electricity generators are “dispatchable,” which means they tell the IESO at what price they’re willing to sell power into the market. Read article