IESO releases 18-Month Outlook



    TORONTO, Sept. 10 /CNW/ - Ontario's supply-demand picture remains
positive with more than 2,900 megawatts (MW) of new supply expected to come
into service over the next 18 months, reported the Independent Electricity
System Operator (IESO) today in its latest 18-Month Outlook.
    This Outlook indicates that with all of the planned resource additions,
sufficient resources will be available within Ontario to meet expected
requirements during most of the period under normal weather conditions.
However, on some occasions, Ontario may need to rely on power from
neighbouring jurisdictions, particularly if extreme weather occurs or if
equipment performance is below normal.
    The new supply scheduled to come into service includes more than 2,000 MW
of gas-fired generation and over 700 MW of wind generation and would represent
the highest amount of additional capacity in an 18-Month Outlook period since
the Ontario electricity market opened in 2002. The majority of this new
capacity is identified to come into service near the end of the study period.
    The full 18-Month Outlook is available at:
http://www.ieso.ca/imoweb/pubs/marketReports/18MonthOutlook_2007sep.pdf

    The IESO is responsible for managing Ontario's bulk power system and
operating the wholesale electricity market. For more information, please visit
www.ieso.ca.





For further information:

For further information: Terry Young, (416) 506-2832,
Terry.Young@ieso.ca


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