Ontario to add 150 megawatts of unneeded power under FIT 5.0
IESO: Still giving away money for power we don’t need …
November 3, 2016
It may have escaped notice with everything else that’s going on, and the attention being paid to the billions lost in the Ontario government’s handling of the energy/electricity portfolio, but the Wynne government –despite an assertion by the Independent Electricity Systems Operator (IESO) that Ontario has a surplus of power and therefore the Large Renewable Procurement II was suspended — began accepting bids this week for its FIT 5.0 program.
FIT 5.0 will give out contracts for up to 150 megawatts of renewable power generation; equipment must be less than 500 kW.
Already, power developers are seeking municipal support to tot up points for the bid process, apparently circumventing the 500 kW limit by gluing individual “projects” together.
Just this week, Brant County was asked to support a project by Germany-based Prowind for five to ten turbines, each of which would be 500 kW.
There are more.
The Ontario government should cancel this program too to save Ontario ratepayers from paying for more power we don’t need, and paying still more on our electricity bills, the fastest rising bills in North America.
For information on FIT 5.0 see this.
For the Brant County story, click here.