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October 2010 Ontario Economic Fundamentals

Ally

Research Assistant
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Mar 24, 2009
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The power paradox: Why we have plenty

Kim Warren remembers the bad old days.

As the boss of the control room that runs Ontario`s electricity system minute by minute, he had a 40-step "emergency action list" that defined what to do if the system started to run short of power.

"We`d start every day at Step 30," he recalls. "You didn`t know from hour to hour if you were going to make it through the day."

That was the early years of the 2000s, when each summer Ontario approached the brink of frying the electric system and triggering rolling blackouts.

It was the atmosphere that prevailed when the fledgling Ontario Power Authority (OPA) was putting together its first overall power plan for Ontario starting in 2006.

Demand, it was assumed, would continue to grow. The question was: How would supplies would keep up? The OPA called for a $60-billion investment in new facilities.

Read the full article here.
 
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