After years of looming power shortages, Ontario faces instead a periodic problem of excess electricity supply at the … same time that new generation capacity is being added. Since Ontario government agencies that purchase power have long …-term, fixed-price contracts with many electricity generators, Ontario consumers pay for electricity produced by some generators …

Ontario electricity consumers will benefit from less risk and lower prices if the province moves to a capacity market … for obtaining generation, according to a report from the C.D. Howe Institute. In “Rethinking Ontario’s Electricity System … with Consumers in Mind,” author Michael Wyman calls for the province of Ontario to adopt a capacity market, in which …