For example, the IESO report:
1. Provides a plan to achieve a 99.7% gas plant phase-out by 2030, but falsely claims that it would be impossible to obtain the remaining 3/10ths of 1% of our electricity supply from carbon-free sources by 2030.
2. Falsely claims that attempting to achieve a gas plant phase out by 2030 will lead to blackouts, while ignoring the fact that, in 2030, 20% of our gas-fired capacity will still be under contract with the IESO and some of our gas-fired power plants will remain under contract with the IESO until 2040. As a result, Ontario will have gas plants on standby reserve from 2030 to 2040 to provide emergency back-up supply to the Ontario electricity grid if necessary.
3. Claims that a gas plant phase-out will raise residential electricity rates by 60% despite the fact that it is forecasting that overall costs will rise by only 20% if we follow its plan.
4. Falsely claims that costs will rise by 20% by underestimating the carbon tax savings from a gas plant phase out; ignoring our two lowest-cost storage options; and including the cost of a $3 billion new GTA nuclear reactor as part of its phase-out plan despite saying it would focus on replacement options that were “sufficiently mature today – i.e., commercially feasible, scalable, and cost effective in the near-term,” which a new nuclear reactor definitely is not.
The IESO needs to go back to the drawing board to develop a least-cost plan to phase-out our gas plants by 2030 and lower our electricity bills. Scare tactics about blackouts and huge rate increases are not what we need from what is supposed to be an unbiased planning agency.
For more details, read our power point presentation: “The IESO Report on Phasing-Out Ontario’s Gas Plants: A Critical Review.”
Watch Jack Gibbons’ video presentation about the IESO’s report here.
Read the Globe and Mail story from Oct. 19, 2021: “Stop refunding carbon payments to natural gas plants, panel urges” (or here).
What You Can Do
We hope to see you at the IESO’s public engagement webinar on Thur. Oct. 21, 9:30 a.m. to discuss its report. Email firstname.lastname@example.org for the link.
And if you haven’t already done so, please send a message to Ontario’s Energy Minister Todd Smith and your MPP (click here) asking them to direct the IESO to develop a serious plan to phase-out gas power by 2030.