Survey and report on Feed-in Tariff in Canada

Author

Zhu, Guangyu ; Venkatesh, Bala

Author_Institution

Dept. of Electr. & Comput. Eng., Ryerson Univ., Toronto, ON, Canada

fYear

2010

fDate

27-29 Oct. 2010

Firstpage

813

Lastpage

817

Abstract

Environmental concerns have driven policy changes and consequently Ontario has aimed to eliminate coal-fired plants. In order to replace energy from coal-fired plants and incentivize growth of renewable energy supply, the Feed-in Tariff (FIT) program was introduced in Ontario under the Green Energy Act 2009. FIT is a market mechanism that promotes new renewable energy sources. The FIT sets out rules and offers a guaranteed pricing schedule to the investor for supplying electric energy from renewable energy sources. The ambitious program aims to alleviate environmental concerns and offers a great opportunity for creating cleaner and greener environment for the society. This paper surveys the contents of the FIT program and analyzes the pricing structure in the context of Ontario´s present and future energy supply.

Keywords

coal; environmental factors; power markets; renewable energy sources; Canada; Green Energy Act 2009; Ontario; coal-fired plants; environmental concerns; feed-in tariff; guaranteed pricing schedule; policy changes; pricing structure; renewable energy supply; Electricity Market; Power Systems Economics; Renewable Energy;

fLanguage

English

Publisher

ieee

Conference_Titel

IPEC, 2010 Conference Proceedings

Conference_Location

Singapore

ISSN

1947-1262

Print_ISBN

978-1-4244-7399-1

Type

conf

DOI

10.1109/IPECON.2010.5697078

Filename

5697078