In another in a series of stunning announcements from Ontario, the
provincial power authority has awarded connections and contracts for
2,500 MW of new renewable generation capacity under its
precedent-setting feed-in tariff program.
More announcements are expected in the months to come as the Ontario
Power Authority brings on an additional 1,500 MW of new transmission
capacity and works its way through an 80 MW backlog of residential
rooftop solar applications.
In typical Canadian understatement, the Ontario Power Authority (OPA)
says the contracts awarded may be "the single largest green initiative
of its kind in Canada." In reality, the program may simply be the single
largest green initiative in North America as the province races ahead
in its plan to close its coal-fired power plants by 2014.
But equally as significant is Ontario's intent on sharing the investment
opportunity with its own citizens. In a program unique in North
America, OPA has awarded contracts and connections for some 460 MW of
projects that will be owned by community and aboriginal groups.
The effect of FITs on job growth is apparent just by looking at the headlines:
Inc. launches into
Ontario Feed-In Tariff market
the centrepiece of the province's new Green Energy Act, will create an
50000 green jobs over three years while…
market is heating up as companies line up to take advantage of the
feed-in tariff (FIT). … The
facility is expected to result in 500 new direct manufacturing
jobs in Ontario. …
Feed-in Tariff … new program that
thousands of jobs while establishing a favourable
Canadian Solar Inc. is preparing to establish a …
significant number" of feed-in-tariff
applications to the …
(Image courtesy of Flickr user Robert Scott, shared under a Creative Commons license.)