The Green Energy Act, 2009 (GEA) was
introduced to the Ontario Legislature on February 23, 2009. It includes a
proposal for a new renewable energy program known as a Feed-in Tariff (FIT)
Program designed to further encourage the development of renewable energy
supply.
Ontario's Proposed Feed-in Tariff Program
Highlights
Objectives
of the FIT Program:
·
Increase capacity of renewable energy
supply to ensure adequate generation and reduce emissions
·
Simpler method to procure and develop
generation
·
Create new green industries through
new investment and job creation
·
Provide incentives for investment in
renewable energy technologies
The
program will be open to various renewable energy supply technologies (i.e.,
wind, hydro, solar and bioenergy technologies). It will provide opportunities
for promoting First Nations, Métis and community-based projects.
http://www.powerauthority.on.ca/FIT/
