Ontario Merging Energy Agencies


April 18, 2012 9:33 AM

Ontario Merging Energy Agencies

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.