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Latest Ontario Hydro Stories

2014-09-12 08:22:06

TORONTO, Sept. 12, 2014 /PRNewswire/ -- Ontario, Canada is now home to North America's largest power plant fuelled completely by biomass. The Atikokan Generating Station conversion is complete and the station is now generating electricity and helping meet local power needs in northwestern Ontario. http://photos.prnewswire.com/prnvar/20140911/145554 Atikokan Generating Station, which employs 70 full-time workers, burned its last coal two years ago, on Sept. 11, 2012. Conversion of the station...

2014-09-04 12:25:31

TORONTO, Sept. 4, 2014 /CNW/ - Ontario electricity consumers will benefit from less risk and lower prices if the province moves to a capacity market for obtaining generation, according to a report from the C.D. Howe Institute. In "Rethinking Ontario's Electricity System with Consumers in Mind," author Michael Wyman calls for the province of Ontario to adopt a capacity market, in which generators would receive payments for being available to produce energy, if needed, at some point in the...

2014-08-14 16:22:39

TORONTO, Aug. 14, 2014 /CNW/ - Hydro One Inc. today released its 2014 second quarter results with net income for the quarter of $115 million and revenues of $1,566 million. "In July, Hydro One's acquisition of Norfolk Power received Ontario Energy Board approval. We are pleased to be welcoming new customers and new employees to our Company," said Carmine Marcello, President and CEO, Hydro One. "We are committed to delivering great service for Norfolk Power's customers and we remain...

2014-07-21 12:23:33

TORONTO, July 21, 2014 /CNW/ - A wider range of Ontario sectors are now eligible to apply for incentives under Stream 3 of the Industrial Electricity Incentive (IEI) program, which the Ontario Power Authority (OPA) recently launched. Participation in IEI will help eligible companies reduce electricity costs, increase competitiveness, and assist in the improve load management and management of electricity demand. Draft program documents are now available for review and comment on the...

2014-07-21 12:23:30

BOULDER, Colo., July 21, 2014 /PRNewswire/ -- Milton Hydro, in partnership with Simple Energy, will deliver a social benchmarking program to customers in Milton, Ont. Funded by the Ontario Power Authority's Conservation Fund, the Milton Community Energy Challenge will demonstrate how community engagement can deliver energy conservation. Participants will earn rewards for reducing their household energy use and help schools earn prizes by joining school challenge teams. "We want to...

2014-07-02 16:21:57

TORONTO, July 2, 2014 /CNW/ - Hydro One announced today that it has entered into settlement discussions in support of Hydro One Networks Inc.'s 2015 and 2016 transmission rate application filing which is expected to be submitted to the Ontario Energy Board this September. Materials provided in support of these settlement discussions have been posted on Hydro One's website at http://www.hydroone.com/RegulatoryAffairs/Pages/TxRates.aspx. Hydro One delivers electricity safely,...

2014-06-03 16:21:56

OTTAWA, June 3, 2014 /PRNewswire/ - The Joint Review Panel for the Deep Geologic Repository Project for Low and Intermediate Level Radioactive Waste (DGR) has scheduled additional public hearing days to begin on September 9, 2014 at 9:00 a.m. The hearing will continue over approximately two weeks and will be held at: The Royal Canadian Legion 219 Lambton Street, Kincardine, Ontario The public hearing will give participants, Ontario Power Generation and the Canadian Nuclear...

2014-05-15 20:21:38

TORONTO, May 15, 2014 /CNW/ - Ontario Power Generation Inc. (OPG or Company) today reported its financial and operating results for the three months ended Mar. 31, 2014. Net income attributable to the Province for the first quarter of 2014 was $242 million compared to $28 million for the same quarter in 2013. Tom Mitchell, President and CEO said, "The long, cold winter put an unusually high demand on Ontario's electricity system. Our increased income, in part, resulted from...

2014-05-15 12:26:29

TORONTO, May 15, 2014 /CNW/ - Toronto Hydro Corporation (the "Corporation") announced today that it has filed with Canadian securities regulators its Interim Consolidated Financial Statements and related Management's Discussion and Analysis for the three months ended March 31, 2014, prepared in accordance with United States Generally Accepted Accounting Principles ("US GAAP"), including the application of rate-regulated accounting policies, presented in Canadian dollars. Copies may be...

2014-05-07 16:23:08

TORONTO, May 7, 2014 /CNW/ - Hydro One Inc. today released its 2014 first quarter results with net income for the quarter of $240 million and revenues of $1,764 million. "In the first quarter of 2014, Hydro One drove strong financial performance while making important investments in our system that improve reliability and service for our customers," said Carmine Marcello, President and CEO, Hydro One. "The Company will remain focused on providing solid returns and continuing our critical...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.