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:
“Cruelty is a mystery, and the waste of pain. But if we describe a word to compass these things, a world that is a long, brute game, then we bump against another mystery: the inrush of power and delight, the canary that sings on the skull.”
—Annie Dillard (b. 1945)
“The mind is a finer body, and resumes its functions of feeding, digesting, absorbing, excluding, and generating, in a new and ethereal element. Here, in the brain, is all the process of alimentation repeated, in the acquiring, comparing, digesting, and assimilating of experience. Here again is the mystery of generation repeated.”
—Ralph Waldo Emerson (18031882)