Is the FIT really Dead?

zombie.pngThe flames of political fires are blowing hot shifting winds of change creating a scorching backdraft for Ontario’s renewable energy program. The Minister of Energy’s latest directive spells out the end of FIT application procurement (feed -in -tariff). FIT 6 is to be pronounced dead as of  the end of December.

“The final FIT application period will be held in 2016. The IESO shall cease accepting applications under the FIT program by December 31, 2016 and any unallocated procurement target at the end of that procurement process will remain unallocated”

A tiny step heading in the right direction. It is never too late to do the right thing and is on the right path of cancelling wind contracts.

Minister of Energy- Glen Thiebault’s December 16, 2016 Directive:

 

 

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