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Ontario Merging Energy Agencies

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Ontario Merging Energy Agencies

Ontario Merging Energy Agencies

Ministry of Energy

Ontario is proposing to merge the Ontario Power Authority (OPA) and the Independent Electricity System Operator (IESO) into a single organization that would save ratepayers millions of dollars a year and better meet today's electricity supply needs.

The government intends to introduce legislation that would, if passed, create a single new agency that will merge the OPA's planning knowledge with the IESO's operational expertise. The mandate of the new, merged agency would be to establish market rules to benefit consumers, align contracts and create an electricity system that is more responsive to changing conditions.

The new agency would eliminate duplication and save ratepayers up to $25 million a year.

It would allow for a more seamless and co-ordinated approach to planning as Ontario integrates new renewable energy projects into the grid and shuts down its last coal-fired plants by the end of 2014.

This is the latest in a series of steps Ontario has taken to drive efficiencies in our electricity sector following the launch of our Ontario Distribution Sector Panel and the start of our benchmarking study of Hydro One and Ontario Power Generation.

Quick Facts

  • Ontario had 10 wind turbines in 2003 and we have over one thousand today.
  • Since 2009, Ontario has attracted more than $27 billion in private-sector investment in the renewable energy sector, with more than 30 businesses announcing plans to manufacture parts for ours and the world's solar and wind industries. So far, Ontario's green energy initiatives have helped create more than 20,000 jobs.
  • Since 2003, the province has brought more than 9,000 megawatts of new and refurbished clean energy online - enough to power cities the size of Toronto and Ottawa.
  • In 2011, Ontario for the first time produced more energy from wind and solar than from coal.

Background Information

Additional Resources

Quotes

“The electricity system has changed a great deal in the past eight years. We are rebuilding and modernizing our energy system using cleaner sources of power instead of dirty coal, saving billions of dollars in future costs including health care, while at the same time creating new jobs. As we modernize, we are looking at every aspect to provide the best value for Ontarians.”

Chris Bentley

Minister of Energy

Media Contacts

  • For media inquiries only call:

    Erika Botond, Minister's Office

    erika.botond@ontario.ca

    416-327-4418

  • For media inquiries only call:

    Daniel Cayley, Communications Branch

    daniel.cayley@ontario.ca

    416-327-7226

  • For public inquiries call:

    1-888-668-4636

    TTY: 1-800-239-4224

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