News: Energy

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  • Ontario and First Nations Announce Agreement-in-Principle for Sale of Hydro One Shares

    Today the Province and First Nations in Ontario, as represented by the Chiefs-in-Assembly, announced an agreement-in-principle for the Province to sell to First Nations for their collective benefit, up to approximately 15 million shares of Hydro One Limited (2.5 per cent of the total current outstanding common shares), depending on the level of First Nation participation.

    News Release | Energy

  • New Round of Renewable Energy Contracts Offered at Lower Prices

    Building on the success of the Feed-in Tariff (FIT) program, the Independent Electricity System Operator (IESO) today offered 936 renewable energy contracts, totalling 241.430 megawatts (MW) of power. Contract prices offered today reflect the Province's commitment to drive down costs and are lower than forecasted in Ontario's 2013 Long-Term Energy Plan.

    Bulletin | Energy

  • Ontario Passes Legislation to Support Energy Planning

    Ontario passed new legislation today that establishes a long-term energy planning framework that is efficient, supported by robust community engagement and responsive to emerging technologies in the energy sector. 

    News Release | Energy

  • Ontario Raises $1.97 Billion For Infrastructure Investments

    The secondary share offering of Hydro One has now been completed, generating approximately $2 billion in gross proceeds that will now be dedicated to critical investments in transit and infrastructure throughout Ontario and pay down debt.

    News Release | Energy

  • Ontario Raises $1.7 Billion From Hydro One Share Offering

    Ontario is building on its commitment to invest in transit, transportation, and other priority infrastructure by continuing to broaden the ownership of Hydro One through a secondary share offering. This offering will generate $1.7 billion, with net proceeds to be dedicated to the Trillium Trust as part of the largest investment in infrastructure in the province's history.

    News Release | Energy

  • Statement from the Honourable Bob Chiarelli

    "Duncan Hawthorne's distinguished career and many years of leadership have left a lasting impression here in Ontario and across the international nuclear energy community. 

    Statement | Energy

  • Statement from the Honourable Bob Chiarelli

    "Ontario is pleased with the Federal Government's announcement of new principles and consultation processes related to decision-making on interprovincial pipelines. The responsibility for reviewing interprovincial pipeline projects lies completely within federal jurisdiction and is the purview of the National Energy Board (NEB).

    Statement | Energy

  • Ontario Commits to Future in Nuclear Energy

    Ontario has updated its contract with Bruce Power and will proceed with the refurbishment of six nuclear units at the Tiverton-based nuclear generation station. 

    News Release | Energy

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