Ontario power producers welcome Green Energy and Green Economy Act



    TORONTO, Feb. 23 /CNW/ - Ontario's power producers congratulated the
Government of Ontario and Minister of Energy and Infrastructure on the
introduction of the Green Energy and Green Economy Act today.
    The legislation, if passed, will give a major boost to Ontario's
reputation as a world leader in renewable energy and result in increased
investment in new renewable sources of electricity generation for Ontario in
the coming years, APPrO president Dave Butters said.
    Butters said that a "best-in class renewable energy feed-in tariff"
combined with streamlined approvals processes and service guarantees has the
potential to deliver Ontario's renewable energy targets faster than previously
planned. He also noted that these changes could lead to significantly improved
project certainty, which would in turn result in lower cost projects.
    "APPrO members companies have been responsible for most of Ontario's
contracted renewable energy projects so far. Renewable energy is good for the
environment and the economy - we intend to work closely with the government
over the next several months to make sure that the feed-in tariff is as big a
success as it possibly can be," Butters said.
    But he also emphasized that Ontario needs a balance between reliable
emission-free nuclear, hydro and other lower-emissions generation together
with renewable generation, which acting in combination, will lead Ontario to
the lowest carbon energy system in North America. "We need to keep this
important fact in mind if we are to continue to ensure reliable, low cost and
secure energy for consumers of all kinds, whenever they need it," Butters
added.

    APPrO is a non-profit organization representing more than 100 companies
involved in the generation of electricity in Ontario, including generators,
suppliers of services, equipment and consulting services. APPrO members
produce power from nuclear, hydro, fossil, wind, waste wood and other energy
sources. APPrO's members currently produce over 95% of the electricity
generated in Ontario.





For further information:

For further information: David Butters, President & CEO, Association of
Power Producers of Ontario (APPrO), 25 Adelaide St. E., Suite 1602, Toronto,
ON, M5C 3A1, tel: (416) 322-6549 ext. 231, fax: (416) 481-5785, e-mail:
david.butters@appro.org, website: http://www.appro.org

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ASSOCIATION OF POWER PRODUCERS OF ONTARIO

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