IESO Report Points to Improved Reliability Outlook for Ontario



    TORONTO, March 2 /CNW/ - The electricity reliability outlook for Ontario
has improved significantly as a result of a number of decisions and actions
taken since June, 2006, reported the Independent Electricity System Operator
(IESO) today in the release of its third Ontario Reliability Outlook.
    The IESO says the improved outlook is a result of the planned addition of
7,000 megawatts (MW) of new or refurbished generation by 2011 and the
provincial government's direction to the Ontario Power Authority and the IESO
to jointly develop the coal transition plan.
    "The additional supply will begin to address the concerns we had
identified in Toronto and the Greater Toronto Area and contribute to improved
overall resource adequacy for the province," said Paul Murphy, IESO President
and CEO.
    "The improved outlook provides assurance that reliability can continued
to be maintained if there are some delays in either the in-service dates of
planned facilities or achievement of savings from Conservation and Demand
Management initiatives that have been introduced," said Murphy.
    The IESO continues to express concern about the uncertainty around the
length of approvals processes affecting generation and transmission projects
and the impact on the timing of the implementation of the projects.
    The report addresses the need for transmission enhancements to
accommodate the planned additional supply and to address local reliability
needs and identifies the plans that are proposed to address those needs.
    The report also highlights the potential of Ontario's Smart Metering
Initiative in addressing future reliability needs. Local Distribution
Companies are installing 800,000 smart meters by the end of 2007 with all
Ontario customers to have smart meters installed by 2010.
    The Ontario Reliability Outlook is available at:
http://www.ieso.ca/imoweb/pubs/marketReports/ORO_Report-2007-2-1.pdf.

    The IESO is responsible for managing Ontario's bulk electricity power
system and operating the wholesale 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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