CleanTechnica•5 months ago
Ontario’s Nuclear Rate Shock Reveals a Deeper Affordability Problem
- •Ontario Power Generation (OPG) is seeking Ontario Energy Board (OEB) approval for a significant increase in regulated nuclear payment amounts.
- •The proposed increase includes a year-over-year jump of over 40% in 2027, raising the weighted average regulated payment from $78/MWh in 2026 to approximately $110/MWh in 2027.
- •This signals a substantial rise in baseload power costs in Ontario, directly impacting the operational expenses for large power consumers and potentially altering the economic viability of new generation projects.
financing