ABB_id2059
in News Departments > Policy Watch
print the content item

Ontario is introducing legislation to eliminate domestic content requirements under its feed-in tariff (FIT) program for future renewable energy projects. If passed, the amendment to Ontario's Electricity Act would remove the need for projects participating in the program to source up to 50% of content within the province.

The Ministry of Energy says the changes would help ensure Ontario is in line with decisions made by the World Trade Organization, which last year ruled that the FIT’s domestic content mechanism breached international trade laws.

Nonetheless, the ministry maintains that the requirements had been put in place as a temporary measure, and strong growth in the renewables sector means the rules are no longer required.

“Ontario has a strong renewable energy sector, one that has created over 31,000 jobs and now exports goods and services around the world,” comments Energy Minister Bob Chiarelli. “Changes included in this legislation will, if passed, save ratepayers $1.9 billion, making clean energy more affordable than ever.”

To date, the ministry says Ontario has more than 18.5 GW of renewable energy online or announced to be built. As part of its recently updated Long-Term Energy Plan, the province intends to seek 300 MW of wind power next year and 300 MW more in 2015.

“The strength of the sector means here at home, when Ontario’s renewable energy providers make decisions about what products and services they purchase, we’re confident Ontario suppliers will be competitive and the supplier of choice,” Chiarelli adds.

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.

Hybrid Energy Innovations 2015