Ontario LRP I RFP

In March 2016, the Independent Electricity System Operator (IESO) released the list of 16 contracts that have been offered under the Large Renewable Procurement (LRP), a competitive process for procuring large renewable energy projects generally greater than 500 kilowatts.

The Trenton hydroelectric project which is currently being developed by Hydromega was amongst those projects selected by the IESO.

The 16 contracts offered represent 454.885 megawatts (MW) of clean renewable energy capacity. This capacity contributes to the achievement of the province’s renewable energy targets. The results include:
  • five wind contracts totalling 299.5 MW, with a weighted average price of 8.59 cents/kWh;
  • seven solar contracts totalling 139.885 MW, with a weighted average price of 15.67 cents/kWh; and
  • four hydroelectric contracts totalling 15.5 MW, with a weighted average price of 17.59 cents/kWh.
Of these, more than 80 percent or 13 projects (319.9 MW) include participation from one or more Aboriginal communities, which is the case for the Trenton project. That includes five projects with more than 50 percent Aboriginal participation. Additionally, 75 percent of the successful proposals had received support from local municipalities, and more than 60 percent had support from abutting landowners.

Hydromega is an independent power producer of renewable energy specialized in the conception, construction, financing and operation of independent electric facilities in Quebec and Ontario.

Name Capacity Location Status
Trenton Lock 1 Hydro Project Up to 7 MW City of Quinte West, On Under Development