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Ontario’s Power Trip: How the Liberals drove electricity prices up 100%

Tip of the hat to Wind Concerns Ontario

Parker Gallant — Financial Post — October 10, 2012

The paper trail revealed

Back on March 31, 2004, Energy Minister Dwight Duncan uttered these words in the Ontario Legislature in response to a question on the Liberals energy policy;

“If we address energy policy in a responsible way, our economy will prosper and our families will have a stronger Ontario in which to grow. Our initiatives include aggressive conservation, new supply and accountability at our Crown corporations. Bill 15 will help us meet our goals on accountability and transparency.”

At that point in Ontario’s history the unemployment rate sat at 6.6% (February 2004) and today (September 2012) the unemployment rate is 7.9%.

It is important to take a look at how that “energy policy” has emerged over the last eight years to determine if the initiatives Minister Duncan talked about actually accomplished the goals he mentioned.

By March 24, 2005 Minister Duncan had created the Ontario Power Authority (OPA) and issued the first of his many “directives” telling the OPA exactly what to do. In all, Minister Duncan issued 19 directives during his time in the energy chair, ordering the OPA to do various things in respect to conservation, contracting for renewable energy, etc. The directive he issued on June 13, 2006 was the one that instructed the OPA to develop an Integrated Power System Plan (IPSP).

The IPSP was developed by the OPA over the next year and delivered to the Ontario Energy Board (OEB) in August 2007. The IPSP contained three document filings with almost 1500 pages. Over the next year the OEB dealt with dozens of interveners and approximately 250 filings containing tens of thousands of pages.

(To continue reading, click here)

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