Small Hydro Program
IESO is contracting Ontario's small hydroelectric facilities up to 10 MW under the Small Hydro Program, with contracts extending through April 30, 2043. Eligible operators include those with expiring IESO contracts, uncontracted facilities, and those currently under Ontario Electricity Financial Corporation agreements. The program sustains existing clean generation capacity across the province with long-term operational certainty and no application deadline.
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AI overview
The Independent Electricity System Operator (IESO) has established the Small Hydro Program under the direction of the Minister of Energy to re-contract Ontario's small hydroelectric facilities with capacities up to and including 10 megawatts. The program is designed to provide long-term contracts for eligible facilities, including those with existing IESO contracts expiring before 2043, uncontracted facilities, and those with existing contracts with the Ontario Electricity Financial Corporation.
The Small Hydro Program provides value for ratepayers by sustaining existing clean renewable energy facilities in Ontario while providing a reasonable revenue stream to enable these facilities to continue operating. All contracts under the Small Hydro Program run through April 30, 2043, ensuring long-term operational certainty for participating facilities.
As the application period is open-ended with no deadline for eligible facilities to apply, interested hydroelectric operators may submit applications at any time. The program supports Ontario's renewable energy objectives by maintaining the province's existing small hydro generation capacity as a sustainable and clean energy source.
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Proposal Document
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