May 10, 2004

Ont Ministry of Energy issues RFP for 300MW of renewable energy

TORONTO, ONT-Ontario's Energy Ministry has issued a Request for Proposal (RFP) for an additional 300 megawatts (MW) of new renewable electricity capacity. This is intended to help the government meet its targets of generating 5% (1,350 MW) of Ontario's total energy capacity from renewable sources by 2007, and 10% (2,700 MW) by 2010. Proponents interested in bidding on the RFP will have until July 30 to review and submit their final proposals. It is expected that successful proponents could be announced as early as November 2004. The RFP document also includes a Request for Qualifications; statements of qualifications are due by May 25. Energy Minister Dwight Duncan noted that the RFP "is a significant and historic first step in what will be a very important part of our energy future. We are sending a clear signal that we want participants in the market interested in clean, renewable electricity to come to the table to help us meet our supply needs." Duncan emphasized that the project selection process will be open and transparent, aimed at fostering innovation and creative approaches. More information on the RFP is available online at www.ontarioelectricityrfp.ca.
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