Ontario Power Generation (OPG) is a public company wholly owned by Government of Ontario. OPG is responsible for approximately 60% of the electricity generation in the Province of Ontario, Canada. Sources of electricity include nuclear, hydroelectric, wind, solar and fossil fuel. Although Ontario has an open electricity market, the provincial government, as OPG's sole shareholder, regulated the price the company receives for its electricity to be less than the market average, in an attempt to stabilize prices. As of 1 April 2008, the company's rates have been regulated by the Ontario Energy Board.
Read more about Ontario Power Generation: Establishment, Board of Directors, Finances, Nuclear Power, Alternative Energy, Controversies and Criticism, Power Plants
Famous quotes containing the words power and/or generation:
“Now narrow minds can develop as well through persecution as through benevolence; they can assure themselves of their power by tyrannizing cruelly or beneficently over others; they go the way their nature guides them. Add to this the guidance of interest, and you will have the key to most social riddles.”
—HonorĂ© De Balzac (17991850)
“Doubtless, we are as slow to conceive of Paradise as of Heaven, of a perfect natural as of a perfect spiritual world. We see how past ages have loitered and erred. Is perhaps our generation free from irrationality and error? Have we perhaps reached now the summit of human wisdom, and need no more to look out for mental or physical improvement? Undoubtedly, we are never so visionary as to be prepared for what the next hour may bring forth.”
—Henry David Thoreau (18171862)