Ontario Launches Phase II of the Large Renewable Procurement Process
The Ontario Ministry of Energy has announced the launch of the second phase of the Large Renewable Procurement (LRP) process (LRP II). The LRP is a competitive bid process for procuring large renewable energy projects in Ontario larger than 500 kilowatts.
Working with the Independent Electricity System Operator (IESO), the Ministry has directed the IESO to develop and issue a Request for Qualifications (RFQ) by August 1, 2016 for up to 930 megawatts (MW) of renewable energy. Of that total amount, Ontario has set individual procurement targets of up to 600 MW of wind, 250 MW of solar photovoltaic, 50 MW of hydroelectric and 30 MW of bioenergy.
The announcement follows the release in March of the LRP I results which offered contracts to 16 successful LRP projects representing 455 MW of renewable energy capacity. Similar to LRP I, the IESO will ensure that the LRP II process encourages the selection of projects with local support, competitive prices for ratepayers, and First Nation and Métis participation. In the lead up to the LRP II RFQ, the IESO will engage with and seek feedback from industry associations, municipal associations, Indigenous communities and other stakeholders.
For further information regarding the LRP II Stakeholder and Community Engagement Plan, please see here.
For the full LRP II press release, please see here.
Large Renewable Procurement LRP