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Ontario Electricity Supply Expansion

Sector: Government • Location: Ontario, Canada

Source: Sydenham Current

Project
Awarded

The Government of Ontario has secured more than 1,300 megawatts of new electricity supply through the largest competitive energy procurement in the province's history. The new power generation is expected to come online before May 1, 2030, supplying electricity to approximately 350,000 homes. The procurement includes 14 projects across the province with municipal support and at least 50% equity ow

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Project Information

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The project “Ontario Electricity Supply Expansion” is an infrastructure initiative in the Government sector, located in Ontario, Canada. Taiyo aggregates data on it from Sydenham Current.

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Participants

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Status

Original status

awarded

Taiyo status

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Contact

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Email

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Description

Description

The Government of Ontario has secured more than 1,300 megawatts of new electricity supply through the largest competitive energy procurement in the province's history. The new power generation is expected to come online before May 1, 2030, supplying electricity to approximately 350,000 homes. The procurement includes 14 projects across the province with municipal support and at least 50% equity ownership by First Nations partners. The projects focus on renewable energy sources and aim to keep costs significantly lower than previous contracts.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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