Over 8 months have passed since the last pieces of Ontario’s landmark Green Energy and Green Economy Act, 2009 (the “Green Energy Act”) fell into place. The past several months have been a flurry of activity, as renewable power developers and their suppliers have scrambled to take advantage of the new lucrative market for green energy generation in the province. With many generation contracts in place, market participants must now shift gears from planning to execution.
This bulletin highlights some of the issues that have arisen and also provides a refresher about the key features of the Green Energy Act, including:
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the Feed-In Tarriff;
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guaranteed priority interconnection;
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renewable energy approval;
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support for aboriginal and community projects; and
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new roles for the Ontario Energy Board.
