| Industry News October 2011 Stable outlook for power system The period from September 2011 to February 2013 poses no new reliability or adequacy concerns for Ontario’s power system, said the Independent Electricity System Operator (IESO) in its latest 18-Month Outlook. Over 2,500 MW of new and refurbished generation is expected to be connected to Ontario’s bulk power system over the next 18 months. This will include the anticipated return of two refurbished Bruce nuclear units, the addition of about 400 MW of gas-fired generation in York Region and the construction of about 600 MW of grid-connected renewable generation. By February 2013, the IESO expects a combined total of more than 4,000 MW of wind and solar generation to be connected to either the high-voltage transmission grid or the low-voltage distribution system. Energy demand has been weaker than expected through the first half of 2011. Energy consumption is expected to decline by 0.3 percent in 2011 before rebounding with 2.0 percent growth in 2012, as the economy picks up. The IESO regularly assesses the adequacy and reliability of Ontario’s power system. The 18-Month Outlook is issued on a quarterly basis and is available here. |
Monty Bannerman
ArcStar Energy
646.402.5076
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