Why is Ontario's electricity so expensive. feat Scot Luft

We CANDU It

I affectionately refer to Ontario as the "France of North America" with 62% of its electricity produced by Nuclear. However in the early 2000's Ontario embarked on an effort to become the "Germany of North America" by engaging in a renewable energy build out called the "Green Energy Act" which was modelled on Germany's Energiewende.

Ontario granted lucrative 20 year feed in tariff contracts to wind and solar investors to incentivize green energy which drove up prices and did very little to drop Ontario's emissions due to energy production out of phase with demand. There is now talk on the federal level of adopting similar politices to Ontario Green Energy Act.

In this episode we talk about Ontario's bizarre semi liberalized electricity market, explore the implications of the "global adjustment" and touch on the regressive character of feed in tarriff subsidies for roof top solar and so much more.

Scot Luft, a writer and independent data manager producing data-driven analysis on public policy, primarily in the electricity sector. He is also a self described trophy husband, model parent, former retailer and social media addict.