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Posted in: Ontario | Practice & Procedure | Energy Policy | Climate Change / Renewables

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Ontario Takes First Steps to “Cancel” Cap and Trade By David Stevens Jun 19, 2018 In a recent post, we asked what's next under Ontario's new government? It didn’t take long to get a first answer to this question. On June 15, 2018, Ontario’s Premier-designate (Doug Ford) announced “an End to Ontario's Cap-and-Trade Carbon Tax.” According to the news release, “cabinet's first ac...

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B.C. Government to Undertake a Two-Phase Review of BC Hydro’s Costs, Competitiveness and Future By David Stevens and Peter Dalglish Jun 14, 2018 The government of British Columbia announced on June 11, 2018, that advisory groups consisting of government, BC Hydro and “experts” would begin a two-phase review of BC Hydro in an effort to cut costs and reduce rates for consumers, in addition to making the corporation more efficient and compet...

Posted in: Ontario | Energy Policy

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What’s Next Under Ontario’s New Government? By David Stevens Jun 11, 2018 On June 7, 2018, Ontario’s Progressive Conservative (PC) party won a majority of seats in the Ontario election. Before the end of June, the PC party will form Ontario’s next government, led by Premier-elect Doug Ford. Over the course of the election campaign, the PC party released its Plan for th...

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Alberta Passes Bill 12 Allowing Province to Restrict Exports of Oil and Gas to B.C. By Zoë Thoms May 18, 2018 The Alberta government passed Bill 12 – Preserving Canada’s Economic Prosperity Act on May 16, 2018, giving the province the ability to limit the export of oil and gas from the province. Bill 12 is aimed squarely at the Government of British Columbia’s opposition to the Trans Mountain pipeline pr...

Posted in: Quebec | Ontario | Energy Policy

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Financial Accountability Office of Ontario Reviews Ontario-Quebec Electricity Trade Agreement By Zoë Thoms May 14, 2018 The Financial Accountability Office of Ontario recently concluded that Ontario ratepayers will save approximately $38 million under the Ontario-Quebec Electricity Trade Agreement.

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Federal Government to Intervene in B.C.’s TransMountain Reference Case By David Stevens May 04, 2018 On May 3, 2018, the federal Minister of Justice Jody Wilson-Raybould announced that the federal government will intervene in the British Columbia government’s reference question to the B.C. Court of Appeal. The Justice Minister indicated that “[w]e are confident in Parliament’s jurisdiction and w...

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OEB Rejects Hydro One’s Proposed Acquisition of Orillia Power Distribution By David Stevens Apr 18, 2018 On April 12, 2018, the Ontario Energy Board issued a Decision and Order denying Hydro One Inc.’s application to purchase the shares of Orillia Power Distribution Corporation. The OEB’s Decision explains that Hydro One and Orillia Power have failed to establish that there will be no harm to Orilli...

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OEB Issues Draft Report on Corporate Governance Guidance for Regulated Utilities By Ron W. Clark and Dillon Collett Apr 12, 2018 On March 28, the Ontario Energy Board issued its Draft Report on Corporate Governance Guidance for Rate-Regulated Utilities. The OEB Draft Report is another milestone in the OEB’s efforts to develop a “Guidance” on corporate governance for regulated utilities; specifically, Ontario Power Generati...

Posted in: Ratemaking | British Columbia | Energy Policy

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BCUC Rejects BC Hydro Request for a Rate Freeze By David Stevens Mar 08, 2018 On March 1, 2018, the British Columbia Utilities Commission (BCUC) issued its Decision and Order for BC Hydro’s revenue requirement and rates for fiscal years 2017 to 2019. In the decision, the BCUC approved rate increases of 4% effective April 1, 2016, 3.5% effective April 1, 2017, and 3% effect...

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All Current Allowances Sold Out in Ontario’s First Joint Cap and Trade Auction By David Stevens Mar 06, 2018 On February 28, 2018, the Summary Results Report from the first joint cap and trade auction involving Ontario, Quebec and California was released. The report shows that all current vintage allowances from each of the three jurisdictions were sold in the February 21, 2018 auction. Additionally, ar...

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OEB and IESO Issue Their Implementation Plans for the 2017 LTEP By David Stevens Feb 28, 2018 In February 2017, both the Ontario Energy Board and the Independent Electricity System Operator published their “Implementation Plans” setting out the steps they intend to take to implement the goals and objectives set out in Ontario’s 2017 Long-Term Energy Plan. The documents are titled “The Ont...

Posted in: Ontario | Ratemaking | Energy Policy

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Financial Accountability Office Finds Partial Sale of Hydro One Will Cost Ontarians in the Long Term By David Stevens Feb 22, 2018 Ontario completed its final sale of Hydro One shares in December 2017, having generated an estimated $9.2 billion in proceeds by selling 53% of Hydro One. On February 12, 2018, Ontario’s Financial Accountability Office released a report titled “Hydro One: Updated Analysis of the Partial Sale of H...

Posted in: Facilities | Ontario | Energy Policy

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Ontario Issues Canada’s Largest Green Bond By David Stevens Feb 20, 2018 On February 14, the Ontario government announced that it had successfully issued a $1 billion green bond. This is the fourth green bond issued by the Government of Ontario, following three successful earlier green bond issuances: a $500 million four-year issue in 2014, a $750 million seven-year i...

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Legislation Introduced to Replace the NEB and Project Review Process By David Stevens Feb 14, 2018 On February 8, 2018, the federal government released Bill C-69 titled “An Act to enact the Impact Assessment Act and the Canadian Energy Regulator Act, to amend the Navigation Protection Act and to make consequential amendments to other Acts.” The new legislation is the culmination of the promise...

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Federal Government Releases Draft Carbon Pricing Proposal By David Stevens and Rebecca Hines Jan 23, 2018 On January 15, 2018, the federal government released the Greenhouse Gas Pollution Pricing Act, a draft legislative proposal regarding nationwide carbon pricing, as well as a regulatory framework regarding the output-based carbon pricing system that is proposed under the Act. The release of the Ac...

Posted in: Ontario | Energy Policy

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OEB Publishes Its Strategic Blueprint By David Stevens Dec 21, 2017 Earlier this month, the Ontario Energy Board (OEB) released its Strategic Blueprint for 2017 to 2022. This document, titled “Keeping Pace with an Evolving Energy Sector,” sets out the OEB’s updated statement of “[its] Vision, Mission and Values and of the Goals and Objectives that will guide [its...

Posted in: British Columbia | Facilities | Energy Policy

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B.C. Decides to Move Ahead with Site C Dam By David Stevens and Nicholas Smith Dec 13, 2017 The Government of British Columbia has decided to proceed with construction of the Site C Dam following its review of the BC Utilities Commission (BCUC) Final Report. In an announcement made on December 11, 2017, Premier John Horgan expressed the difficulty faced by the NDP government in coming t...

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Near Sell-Out in the Final Ontario-Only Carbon Credit Auction By David Stevens Dec 12, 2017 On December 6, 2017, the results from Ontario’s final 2017 Cap and Trade Program Auction of Greenhouse Gas Allowances were released. As had been the case for the three previous 2017 auctions, all available current allowances were sold at the November 29, 2017 auction. Additionally, as was the cas...

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Ontario Proposes New Regulations to Support Expanded Net Metering By David Stevens Dec 08, 2017 A series of recent postings to Ontario’s Regulatory Registry set out proposed amended or new regulations that are intended to support expanded net metering opportunities in Ontario. These proposals follow the commitment in Ontario’s 2017 Long-Term Energy Plan (2017 LTEP) to give customers new way...

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Directives Issued to IESO and OEB to Prepare Implementation Plans for 2017 LTEP By David Stevens Nov 16, 2017 In late October, Ontario’s Minister of Energy (Glenn Thibeault) issued Directives to the Independent Electricity System Operator (IESO) and the Ontario Energy Board (OEB), requiring each body to prepare “implementation plans” setting out the steps they intend to take to implement the goals and ob...

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Ontario Ministry of Energy Proposes Regulatory Changes to Start Implementing 2017 LTEP By David Stevens Nov 15, 2017 As we discussed in an earlier post, many of the new initiatives set out in Ontario’s 2017 Long-Term Energy Plan (2017 LTEP) will require changes to statutes and/or regulations. Late last month, the Ontario Ministry of Energy announced changes to a couple of regulations to begin implementing annou...

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British Columbia Utilities Commission Issues Final Report About Site C Project By David Stevens and Nicholas Smith Nov 09, 2017 On November 1, 2017, the British Columbia Utilities Commission (BCUC) issued its Final Report on BC Hydro’s “Site C” hydroelectric project. This Final Report represents the culmination of a nearly three-month long investigatory and consultative process to re-examine the viability and appropriaten...

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NEB Predicts Canadian Fossil Fuel Use Will Peak in 2019 By Sean Green and David Stevens Nov 02, 2017 The National Energy Board (NEB) now predicts Canadian’s use of fossil fuels will peak around 2019. In a shift from previous years, the NEB’s report released in October 2017, titled Canada’s Energy Future 2017: Energy Supply and Demand Projections to 2040, credits advances in technology and climat...

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Ontario’s New Long Term Energy Plan Stays the Course By David Stevens Nov 01, 2017 On October 26, 2017, Ontario’s Minister of Energy Glenn Thibeault released Ontario’s 2017 Long-Term Energy Plan (2017 LTEP). This long-awaited document is intended to set the course for Ontario’s energy supply over the coming years. While the 2017 LTEP does include some new plans and initiatives,...

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