Yesterday, the Independent Electricity System Operator (IESO)
held an 'industry dialogue' meeting in Toronto, during
which it discussed and sought feedback on the upcoming enhancements
to the Feed-in-Tariff (FIT) program that were proposed in the discussion paper posted in early December.
At the meeting, the IESO gave a brief overview of its proposals
and discussed industry comments, including:
Priority points for price bid-down
– IESO quelled criticism of the bid-down option by explaining
that the prices published in the price schedules are not
necessarily correct for each possible project, and that a bid-down
allows projects with lower development costs to take advantage and
bid the lower price that their project can accommodate. Commenters
expressed concern about the negative effects of a 'race to the
bottom' that pricing would have on the industry; the IESO is
considering having a floor, or a limited number of price down
'buckets' (e.g. 0-5%, 5-10%, etc.)
Removing Project Type Priority Points
– IESO explained that removing these Priority Points, but
keeping Contract Capacity Set-Asides (CCSAs), would prevent
projects with municipal, co-op or aboriginal participation to
dominate the procurement and would enable cost-savings by
broadening the range of potential ownership models. IESO also heard
comments regarding reallocating the CCSAs to a more even
distribution as between municipalities, co-ops and aboriginal
Removing certain renewable fuel types
– Several commenters noted potential with certain fuel types
(e.g., biogas, biomass, etc.), but noted certain difficulties that
the usual developers of such projects (e.g. farms, co-ops, etc.)
face in obtaining a FIT contract. The IESO invited formal comment
submissions on this topic in order for them to consider whether to
maintain such renewable fuel types in the program.
The full webinar can be viewed (after registration) here.
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The Government of Alberta recently announced a number of policy changes that will impact the Alberta Electricity Market, composed of its generators, transmitters, distributors, retailers, electricity consumers and wholesale electricity market.
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