Home / Publications / Research / Power Glut: Why Ontario Residents Pay For Costly Electricity They Don’t Need, And What To Do About It
- Research
- |
Power Glut: Why Ontario Residents Pay For Costly Electricity They Don’t Need, And What To Do About It
Summary:
Page Title: | Power Glut: Why Ontario Residents Pay For Costly Electricity They Don’t Need, And What To Do About It – C.D. Howe Institute |
Article Title: | Power Glut: Why Ontario Residents Pay For Costly Electricity They Don’t Need, And What To Do About It |
URL: | https://cdhowe.org/publication/power-glut-why-ontario-residents-pay-costly-electricity-they-dont-need-and-what-do-about-it-2/ |
Published Date: | July 19, 2011 |
Accessed Date: | February 15, 2025 |
Outline
Outline
Authors
After years of looming power shortages, Ontario faces a periodic problem of excess electricity supply. This costly oversupply, which the province must take under fixed-price contracts with generators, leads to higher electricity bills for consumers. In “Plugging into Savings: A New Incentive-Based Market Can Address Ontario’s Power-Surplus Problem,” authors Benjamin Dachis and Donald N. Dewees recommend a solution: a new market mechanism that would facilitate payments to generators, who operate under fixed-price contracts, to reduce output when doing so would save money for the system as a whole.
Related Publications
- Intelligence Memos
Joanna Eyquem, James (Jason) Stewart, Peter Van Dijk
- Intelligence Memos
Dwight Duncan, John Manley, Duncan Munn
- Intelligence Memos
Nicholas Dahir, William B.P. Robson