I hear that the wind project will be starting in a year, what is the certainty of wind project happening?
The project cannot start in a year. Several steps have to occur for any wind project to proceed. Foremost, Ontario needs to have a procurement process in place and the least of it is that the project has to be successfull in a competitive bid. In a recent news release, the Ministry directed Ontario Power Authority to roll out procurement for upto 500MW within a year. Participation of wind proponent in this procurement process will be subject to the rules of procurement and only if one happens. As for any certainty of wind project happening, it is subject to how competitive the project is in relation to other land based projects in Ontario, and also dependent upon the project meeting and securing all the studies, permits, and approvals mandated by federal, provincial, and municipal regulations.
