Active Years Ahead for Power Plant Construction Projects in Ontario, in an Advisory by Industrialinfo.com.Business Editors & Energy Writers HOUSTON--(BUSINESS WIRE)--Jan. 31, 2002 The following is an Advisory by Industrialinfo.com (Industrial Information Resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. , Incorporated; Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the ). The Canadian province Noun 1. Canadian province - Canada is divided into 12 provinces for administrative purposes province, state - the territory occupied by one of the constituent administrative districts of a nation; "his state is in the deep south" of Ontario has announced that it will open its $10 billion electricity market this summer to outside competition in the name of deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. . Deregulation of Ontario's power market was initially set to take place in November 2000, but was delayed following the fallout of California's deregulation debacle. The "wait and see" period is over and Ontario is ready to move forward. With May as the new target date to flip the switch to an open marketplace, the next few years will be active for power plant construction projects. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Industrial Information Resources, nearly 10,000MW of new generation is scheduled to come online in Ontario by 2005. This includes nearly 3,500MW of new generation in the next two years alone. By the end of 2004, greenfield projects and expansion of existing power plants will add some 4,000MW to Ontario's power pool. The remainder of the 10,000MW of new generation involves projects in the early stages of development accounting for approximately 2,500MW that may come online by the end of 2005. Groundbreaking may take place as early as this summer for an 880MW natural gas-fired merchant plant that will take twenty-four months to complete. In Northern Ontario Northern Ontario is the part of the province of Ontario which lies north of Lake Huron (including Georgian Bay), the French River and Lake Nipissing. Northern Ontario has a land area of 802,000 km² (310,000 mi²) and constitutes 87% of the land area of Ontario, although it , a 25MW power plant fueled by bio-mass is scheduled to come online midyear 2004. A significant number of the new plants will be in the form of cogeneration plants that will either receive steam from, or send steam to, industrial manufacturing plants. Notably, a 150MW cogeneration plant near Toronto is scheduled to come online in 2004. Presently, Ontario gets 99% of its generation from within the province and mainly from Ontario Power Generation Ontario Power Generation (OPG) is a public company whose shares are wholly owned by the Government of Ontario. It is responsible for approximately 70% of the electricity generation in the province of Ontario, Canada [1]. , a fragment of the former Ontario Hydro monopoly. In 2001, OPG OPG Ontario Power Generation (Canada) OPG Osteoprotegerin OPG Online Policy Group OPG Oldroyd Publishing Group (UK) OPG Orthopantomography OPG Office of Projects and Grants generated about 80% of the electricity consumed in Ontario. The remaining 20% can be attributed to independent power producers and merchant power plants that provide electricity to large industrial users. Industrialinfo.com provides daily news related to the industrial market place including industry alerts and databases for the energy and industrial markets. For more information on trends and upcoming construction activities for the Energy and Power markets as well as other industrial sectors send inquiries to powergroup@industrialinfo.com or visit us at www.industrialinfo.com or www.iirenergy.com. |
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