Ontario Energy Board selects transmitter for East-West Tie Line development work

Ontario Energy Board selects transmitter for East-West Tie Line development 
TORONTO, Aug. 7, 2013 /CNW/ - The Ontario Energy Board has chosen Upper Canada 
Transmission Inc. as the transmitter to complete development work for the 
East-West Tie Line. The East-West Tie Line is a major new electricity 
transmission line in Northwestern Ontario. Upper Canada Transmission Inc. is a 
wholly owned subsidiary of NextEra Energy Canada (a wholly owned subsidiary of 
NextEra Energy Resources LLC), Enbridge Inc. and Borealis Infrastructure 
The Board held a public hearing to select the designated transmitter from six 
competing proposals. 
The East-West Tie Line is intended to improve the reliability of electricity 
supply in Northwestern Ontario by increasing the amount of electricity that 
can be transfered between the transmission system in the Northwest and the 
rest of Ontario. The line will be approximately 400 km long and run between 
Thunder Bay and Wawa. The Ministry of Energy identified the East-West Tie Line 
as a priority project in its Long Term Energy Plan. 
Quick Facts: 

    --  The Board conducted the designation process to encourage
        competition in transmission service in Ontario, and to drive
        economic efficiency for the benefit of ratepayers.
    --  Designation does not mean the East-West Tie Line will be built.
        Upper Canada Transmission Inc. must complete the development
        work and bring an application to the Board for approval to
        construct the line.  Another public hearing will be held at
        that time.
    --  Upper Canada Transmission Inc. has authority to spend up to
        $22.2 million on the development work. To recover these costs,
        Upper Canada Transmission Inc. will be required to meet certain
        milestones and to report its progress on a regular basis.
    --  Six transmitters applied for designation. The Board assessed
        the proposals using criteria that were identified in advance.
        The Board also considered input from a variety of groups,
        including consumers, municipalities, First Nations and Métis
        while assessing the applications. Upper Canada Transmission
        Inc.'s proposal ranked the highest.

The Ontario Energy Board is an independent and impartial public agency. We 
make decisions that serve the public interest.Our goal is to promote a 
financially viable and efficient energy sector that provides consumers with 
reliable energy services at a reasonable cost.

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SOURCE: Ontario Energy Board

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CO: Ontario Energy Board
ST: Ontario

-0- Aug/07/2013 20:10 GMT

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