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:
“Communism is Soviet power plus the electrification of the whole country.”
—Vladimir Ilyich Lenin (1870–1924)
“‘Society’ in America means all the honest, kindly-mannered, pleasant- voiced women, and all the good, brave, unassuming men, between the Atlantic and the Pacific. Each of these has a free pass in every city and village, ‘good for this generation only,’ and it depends on each to make use of this pass or not as it may happen to suit his or her fancy.”
—Henry Brooks Adams (1838–1918)