Years of electricity sector restructuring review, stakeholder consultations, market development and market implementation now appear in peril with the dramatic announcement by Premier Ernie Eves late this afternoon of his Electricity Action Plan (the “Action Plan”). While the details and specifics on the multi-point “reform agenda” are unclear at this time, the potential implications of the announcement could effectively signal a reconstruction of the wholesale and retail electricity market that was only instituted through open access some 6 months ago.

type Energy Markets Bulletin - Ontario's Electricity Market: May 1, 2002 - November 11, 2002