A new blueprint for Ontario's electricity market /

Summary

"An ongoing challenge for power markets worldwide is to assure sufficient continued investment to maintain reliability. A properly designed capacity market - in which plants receive payment for available supply capacity whether or not the power generator runs - may enable Ontario to increase reliance on market signals for new investment. To be effective, the government must pair building a capacity market with several changes in the role and function of existing Ontario power market institutions. The government should isolate policymakers from implementation agencies"--page [1].

Authors

Goulding, A. J

Tags

environment energy politics economics renewable energy economy electricity electricity generation electricity market natural resources business electric power government policy nuclear power energy industry prices emissions trading contract cap-and-trade electric utilities generation energy and resource power resources cost of electricity by source demand response lcoe combined cycle hydroelectric emissions credits levelized cost of energy ontario hydro