jje1000
Senior Member
Keep in mind the GEA was only ended in 2019, after the fall of the Liberals. Wynne was brought down primarily by massive hikes in hydro prices, partially brought around by mismanagement in generating capacity/needs, and generous subsidies to solar and wind to the tune of $3 billion a year on ratepayers (which Ford finally folded into general taxes). The sale of Hydro One was the cherry on top that even the Liberals’ supporters could not defend!This is untrue. The GEA was 2009. The Wynne's Liberals went from a minority to a majority in 2014.
Privatizing Hydro One in 2015 has far more to do with her loss than the GEA.
Premier Kathleen Wynne grabbed some attention this weekend by admitting a mistake.
It's not something politicians do all that often. When they do, you can be assured there's a darned good reason. In Wynne's case, it looks like she's trying to neutralize — or at least lessen — the damage that skyrocketing hydro bills are doing to her popularity.
"I take responsibility as leader for not paying close enough attention to some of the daily stresses in Ontarians' lives," Wynne told the Ontario Liberal Party's annual general meeting, held in Ottawa. "Electricity prices are the prime example."
Wind, solar and bio-energy account for 6.3 per cent of total electricity generated in the province, but 16.3 per cent of the total generation cost, according to the auditor general's recent investigation into hydro prices. Auditor Bonnie Lysyk criticized the government for offering overly generous contracts when it launched its big green energy push in 2009. Despite shifting gears to a competitive bidding process, the auditor found that in 2014, Ontario was still paying "double the market price for wind and 3½ times the market price for solar energy."
A lot of these GEA decisions were made years before they had a real impact, too.
In fact, when it comes to the FIT and Micro-FIT programs, key components of the province’s Green Energy Act, documents suggest decisions made by the Liberal government in 2009 and 2010 – as well as design flaws with the programs themselves – may have put Ontario on a collision-course with rising electricity costs.
“Anger over the hydro file is very real,” said Brady Yauch, an economist and executive director at the Consumer Policy Institute.
In total, the OPA signed close to 13,500 contracts under Micro-FIT at the highest premium. And what amounts to a miniscule fraction of Ontario’s electricity capacity – roughly 0.3 per cent – could end up costing billions over the life of the 20-year contracts, according to estimates provided by the IESO.
Billion dollar ‘mistake’: Ontario Liberals ‘hijacked’ plans for sustainable green economy | Globalnews.ca
Engineer behind key components of Ontario's Green Energy Act says the government "didn't trust" his team to launch renewable energy plans for solar "aggressively" enough. More than 4,000 pages of documents reveal mistakes and indecision in green energy roll out.
globalnews.ca
As the sector grew, so did the fiscal liability of those contracts. Multi-billion-dollar government subsidies started in 2017 and will total $7.3 billion for the current fiscal year (Ontario 2024a), equivalent to 0.65 percent of provincial GDP (Ontario 2024b). No other government in Canada has subsidized its electricity sector by this much for so long. Unsurprisingly, the very German government that first introduced FITs is likewise under fiscal pressure due to ballooning subsidies (Sorge 2024).
Chasing the wind - The value of wind generation in a low-emission nuclear and hydro-dominant grid: the case of Ontario | Macdonald-Laurier Institute
By Edgardo Sepulveda September 10, 2024 PDF of paper Executive Summary In 2018, the newly elected Ontario government passed one of its first pieces of
macdonaldlaurier.ca
Last edited: