IESO Reports Confirm Work Must Begin Now to Realize Waterpower Potential

Role for Pumped Storage Recognized   December 16, 2022 – Peterborough – Yesterday, the Independent Electricity System Operator (IESO) released two (2) reports – the Pathways to Decarbonization (P2D) and the Annual Planning Outlook (APO), both of which emphasize the need to begin to take action now to realize the potential of long-lead time waterpower […]

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Province Boosts Investment Confidence in Waterpower Industry

Minister Graydon Smith Announces Modernized Tenure for Hydroelectric Facilities on Provincial Crown Land    December 2, 2022 – South River, ON – Today, the Honourable Graydon Smith, Minister of Natural Resources and Forestry, joined the Ontario Waterpower Association (OWA), officials from the Village of South River and representatives from South River Power Generation Corporation for […]

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Federal Government’s Fall Economic Statement Encourages Investment in Waterpower

November 4, 2022 – Toronto, ON – The Government of Canada has released its Fall Economic Statement and has introduced a refundable tax credit equal to 30% of the capital cost of investments in clean energy technologies, including small hydro, run-of-river, and pumped storage. The Ontario Waterpower Association (OWA) welcomes this initiative and is encouraged […]

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Industry applauds initiative to encourage new investment in existing facilities

Minister of Energy requests IESO to develop Small Hydro Program Rules and Contract   October 5, 2022 – Peterborough – The Ontario Waterpower Association (OWA) is extremely pleased with the direction provided today by the Honourable Todd Smith, Minister of Energy to the Independent Electricity System Operator (IESO) on the development and implementation of a […]

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