Power Advisory

The Right Stuff? The Role of the OEB in Ontario’s Energy Transition By Roy Hrab The new energy policy context in Ontario poses significant challenges to the Ontario Energy Board (OEB) in how it interacts with and regulates the sector. To keep pace with the government’s expectations for energy sector change and expansion as well as economic development objectives, the OEB needs to provide clear direction to regulated entities and sector stakeholders. There are many options available to the OEB to incorporate the new energy policy context into its work along with enhancing stakeholder engagement. Reach out to Power Advisory for more insights!   Read the full commentary on our website: https://lnkd.in/gPrqyJca   #Ontario #OntarioEnergy #EnergyPolicy #EnergyRegulation #EnergyTransition

Power Advisory is thrilled to see the release of "From Small to Mighty: Unlocking DERs to Meet Ontario’s Electricity Needs," a report that underscores the pivotal role of Distributed Energy Resources (DERs) in shaping Ontario's energy future.   Commissioned by the Ontario Energy Association (OEA) and Energy Storage Canada (ESC), the report advocates for empowering Local Distribution Companies (LDCs) to lead DER procurements in Ontario. It introduces a "walk-jog-run" framework to integrate DERs into the energy system, unlocking significant benefits for customers, distribution networks, and the bulk electricity system.   Key recommendations include clear policy direction for the Ontario Energy Board (OEB) and the Independent Electricity System Operator (IESO) to facilitate LDC-led initiatives and invest in essential grid modernization. This approach aligns seamlessly with Ontario's vision for a sustainable, reliable, and customer-centric energy system.   #Energy #DERs #Ontario #EnergyTransition #GridModernization https://lnkd.in/gfgJJMhJ

Thank you Marine Renewables Canada for the opportunity to present my perspective on policies for clarifying the route-to-market for #offshorewind at #MRC2024. For those who weren't in the room, my thesis was a clear route-to-market is critical to ensuring that Atlantic Canada's ambitions for offshore wind are realized, including an ability to participate in a meaningful way in the developing offshore wind supply chain on the East Coast and to realize the associated cost reductions that are essential to the development of this important source of clean energy. It was an honor to share the podium with Philip S. Bassil, MBA, Navneet Khinda, and Isobel McClure and I appreciated the skillful moderation by Katie Applebaum.

Ontario Moves to Accelerate Grid Expansion and Connections By Roy Hrab On October 21, 2024, the Ministry of Energy and Electrification announced the government was “removing barriers that slow the construction of new homes and businesses by making it easier and more affordable to connect to the province's world-class clean electricity grid.” The Ontario Energy Board’s (OEB) Report Back To The Minister On System Expansion For Housing Developments was published together with the announcement. On October 23, 2024, the government introduced Bill 214, Affordable Energy Act, 2024, which (among other things) set out two significant new authorities for the government over the OEB’s Distribution System Code and Transmission System Code related to cost allocation and cost recovery for certain electricity system connection infrastructure. Concurrently, the government launched a consultation on Bill 214 as well as a consultation on potential regulations on the cost responsibility framework related to electricity system connection infrastructure in “high-growth areas” on the ERO.   Power Advisory recommends that clients and interested parties with comments, concerns or questions on the two consultation proposals provide feedback by the November 22, 2024 (Bill 214) and December 7, 2024 (Cost responsibility regulations associated with Bill 214) deadlines. Reach out to us for more insights! Read the full commentary on our website: https://lnkd.in/gGYdXuUP   #Ontario #EnergyPolicy #ElectricityPolicy #OntarioEnergy #ElectricityDemand #PowerAdvisory #EnergyTransition

Ontario’s Vision And Plan To Tackle The Energy Transition By Roy Hrab   On October 22, 2024 Ontario’s Ministry of Energy and Electrification published “Ontario’s Affordable Energy Future: The Pressing Case for More Power”, setting out the government’s vision for the energy sector, including the creation and development of an integrated energy resource plan (IERP) that looks out to 2050. Simultaneous with the release of the vision paper, the Ministry launched an “Integrated Energy Resource Plan Consultation” on the Environmental Registry of Ontario (ERO). The IERP will “will consider the long-term view of energy use across the economy and across all sources of energy.”   On October 23, 2024 the government introduced Bill 214, Affordable Energy Act, 2024, which that set out proposed amendments to the Electricity Act, 1998 that align with the new energy vision. Concurrently, the government launched a consultation on Bill 214 on the ERO.   Power Advisory encourages stakeholders to provide feedback by the November 22, 2024 (consultation on Bill 214) and December 13, 2024 (Integrated Energy Resource Plan Consultation) deadlines. Reach out to us for more insights!   Read the full commentary on our website: https://lnkd.in/gS7tsDJm   #Ontario #EnergyPolicy #ElectricityPolicy #EnergyEfficiency #OntarioEnergy #ElectricityDemand #PowerAdvisory #EnergyTransition #Decarbonization #LDC

The Market Renewal Program (MRP) is coming and Local Distribution Companies (LDCs) need to be ready. Our latest blog post breaks it down in simple terms, highlighting how LDCs can stay ahead of these changes. Read more here: https://www.kaihen.ca/blog Power Advisory

📢 Ontario’s Electricity Demand Forecast Increases by 75% – Key Considerations By Kausar Ashraf On October 16, 2024, the IESO released its 2025 Demand Forecast as part of its Annual Planning Outlook (APO). With electricity demand expected to grow by 75% by 2050, Ontario is gearing up for a dramatic shift in its energy landscape.   This forecast highlights major growth drivers such as: 1. Industrial Loads: EV supply chains and large industrial decarbonization projects. 2. Data Centers: The rise of AI and cloud computing driving infrastructure demand. 3. Electrification: Transportation, heating, and cooling are pushing the grid to new limits.   Key risks include the materialization of large projects and the impact of economic and climate uncertainties. As Ontario accelerates its energy transition, navigating these risks will be crucial.   💡 Interested in how these changes will impact the market? Contact Power Advisory to learn more! #EnergyTransition #OntarioEnergy #ElectricityDemand #EnergyInvestments #GridInnovation #PowerAdvisory Read the full commentary on our website. https://lnkd.in/gnzH3Vbm

📢 Addressing Ontario’s Supply Gap with a New Energy Efficiency Framework By Kausar Ashraf and Roy Hrab On October 4, 2024, Ontario's Ministry of Energy posted its 2025-2036 Electricity Energy Framework proposal on the Environmental Registry of Ontario. This new framework is designed to meet Ontario’s growing energy needs, with a focus on increasing energy efficiency (EE) across all sectors. Key highlights: 1. Expanding programs for residential, commercial, industrial, agricultural, and First Nations communities. 2. Streamlining EE programs for electricity and natural gas customers. 3. Greater involvement of Local Distribution Companies (LDCs). 4. Long-term stability with a 10-year program framework. With Ontario’s demand forecast set to increase by 75% by 2050, effective EE programs will be critical in managing supply, reducing costs, and ensuring system reliability. The new framework creates significant opportunities for LDCs, energy efficiency vendors, and distributed energy resource providers. 💡 Power Advisory encourages stakeholders to provide feedback by the November 3, 2024 deadline. Reach out to us for more insights! #EnergyEfficiency #OntarioEnergy #ElectricityDemand #PowerAdvisory #EnergyTransition #LDC #DemandResponse Read the full commentary on our website. https://lnkd.in/gtC-z8yU