Tag Archives: Chris Bentley

Ontarios New Energy Minister Commits to Green Energy Act

Ontario’s new energy minister says he’s committed to the province’s Green Energy Act, the game-changing legislation that has attracted billions of dollars in renewable energy investments.

Chris Bentley, who took over the energy ministry earlier this month from Brad Duguid, tells the Toronto Star that he’s committed to the Green Energy Act, which was initially signed into law in 2009 by Premier Dalton McGuinty.

“We’re very committed to the principles of the Green Energy Act,” Bentley tells the Star. He adds: “I believe the world is going greener, to a greater or lesser extent.Different countries will have different approaches. We might as well become leaders in the jobs aspect and be able to export our knowledge to the world — have the jobs right here.”

During the fall elections, which McGuinty narrowly won, opponent Tim Hudak, the leader of Ontario’s Progressive Conservative party, blamed the law for the province’s rising energy costs and promised to kill it if elected. This had caused many green investors to take a “wait and see” attitude during the campaign, curtailing investments.

Bentley has not shutout possibly amending portion of the legislation but did not provide more details. One expected change, though, is a cut in the act’s province-wide Feed-In Tariff (FIT) system.

Since it was signed into law in 2009 the FIT program has attracted close to 2,600 megawatts, of renewable energy projects. The act’s largest deal so far are the C$7 billion ($7.5 billion) committed by Samsung to develop 2,500 megawatts of wind and solar projects.

Ontario Appoints New Energy Minister

A few weeks after securing a third straight term as Ontario Premier, Dalton Mcguinty has released his list of cabinet appointments. Taking over the province’s crucial energy ministry, from outgoing Brad Duguid, is Ontario Attorney-General Chris Bentley, reportsThe Globe and Mail. Duguid is moving over to the Ministry of Economic Development.

The Energy Ministry is in charge of the one of the province’s signature legislation, the Green Energy Act, which since coming into law, two years ago, has helped attract attract close to 2,600 megawatts of wind, solar and other renewable energy projects. In 2010 developers, eager to take advantage of the legislation’s  generous Feed In Tariff system, invested $9 billion in the province.

The clean energy-friendly legislation became a political issue during the campaign with Conservative candidate — and Mcguinty opponent — Tim Hudak blaming the law for spiking power prices.

Other than an anticipated cut in the FIT prices, the Mcguinty administration is not expected to fundamentally alter the Green Energy Act.