Green Energy Act Energizes Ontario's Hydro Market

摘要

Ontario's Green Energy Act is providing much needed certainty for investments in new hydro projects across the province. The new incentives, coupled with a C$2.3 billion investment in new transmission capacity, are expected to spawn dozens of new projects in northern Ontario.rnHydropower is on the verge of a renaissance in Ontario, fueled by what experts describe as ground-breaking policy in renewable energy.rnEnacted in September 2009, Ontario's Green Energy Act simplified the approval process for renewable energy projects and provides producers a fixed price above market rates for the electricity they produce.