Ontario power price cap costs rise

The price cap in the Ontario electricity market has cost the Canadian government C$1.032 billion (US$695 million) since its introduction in December 2002, according to the province’s regulator, the Ontario Independent Electricity Market Operator (IMO).

A spokesman for the IMO says the price cap cost the government C$299 million in February – more than twice the previous monthly high of C$135 million in January. The higher February figure was due in part to unseasonably cold weather, which

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here