Ontario Cancels Nearly $4 Billion in Clean Energy Projects

Originally published on The Climate Examiner.

The fingerpointing continues on the Ontario government’s decision to cancel $3.8 billion in planned wind and solar projects, as part of its struggle to keep a lid on soaring electricity prices that are being attributed to multiple factors.

The cancelled schemes could have offered up to 1000 megawatts of power under optimal weather conditions, sufficient to service the instantaneous demand of roughly a million homes.

Previously signed projects will still go ahead, including 16 wind, solar and run-of-river hydroelectric endeavours that could offer up to 455 megawatts.

Last month, the government announced an eight-per cent (Read more…) for residential and small-business electricity bills amid growing voter anger over price increases that have given the province one of the highest electricity costs in North America.