OEB Receives the Ontario Power Authority's Application for Approval of the Integrated Power System Plan and Procurement Processes

    TORONTO, Aug. 29 /CNW/ - Today the Ontario Energy Board (the Board)
received from the Ontario Power Authority (OPA), applications for review and
approval of the integrated power system plan (IPSP) for Ontario and for the
electricity procurement processes of the OPA.
    Under the Electricity Act, 1998, the OPA is responsible for developing
both an integrated power system plan (IPSP) for Ontario and appropriate
procurement processes for managing electricity supply, capacity and demand in
accordance with that plan. Under the same law, the OPA's IPSP and procurement
processes must be filed with the Board for approval.
    The Board is committed to reviewing the plan through a transparent
process that includes a public hearing. Details about the proceeding and how
to participate in it, including opportunities for making oral or written
comment, will be available at a later date.

    The Ontario Energy Board regulates the province's electricity and natural
gas sectors in the public interest. It envisions a viable and efficient energy
sector, with informed consumers served by responsive regulatory processes that
are effective, fair and transparent.
    For more information on the Board, please visit our website at
www.oeb.gov.on.ca or contact the Consumer Relations Centre at 416-314-2455 or
toll-free at 1-877-632-2727.

For further information:

For further information: Eric Pelletier, Ontario Energy Board, (416)
440-7685; Vanda Wall, Ontario Energy Board, (416) 440-8149

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