July 18, 2005

Ontario issues third renewable energy RFP

TORONTO, July 12 /CNW/ - The Ontario government has issued its third Request for Proposals (RFP) for new renewable energy. The province is seeking up to 200 megawatts (MW) of power from small- and medium-sized renewable energy projects under 20 MW, including wind, water, solar, biomass and landfill gas. This is enough to power 40,000 homes. Proponents have until December to submit their proposals. It is expected that successful projects will be announced in the spring of 2006. The first RFP led to an announcement last November of ten new renewable energy projects which will generate a total of 395 MW of clean power. The second RFP, issued this past April, called for up to 1,000 MW of renewable energy from projects over 20 MW. Combined, the government's three RFPs for renewable power are expected to bring up to 1,600 MW of new renewable power and almost $2.5 billion in new investment to Ontario. This could exceed the government's 5% target (1,350 MW) for renewable energy by 20%. The government's RFP will be co-ordinated with the Ministry of Natural Resources' efforts to make Crown land available for waterpower and wind development. Full details on the RFP are available on-line at www.ontarioelectricityrfp.ca.

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