The Independent Electricity System Operator (IESO) in Ontario is awarding long-term energy generation contracts to twelve new solar projects and two wind projects. This marks the first large-scale renewable energy development in the province in over a decade.

Renewable Energy Expansion

This decision signals a significant shift in Ontario’s approach to meeting future energy demands. The IESO anticipates a substantial increase in electricity demand, projecting a rise of up to 90 percent by 2050. These contracts are a proactive measure to ensure a stable and reliable electricity supply for Ontario residents.

Addressing Future Demand

The IESO is actively focusing on strategies to address the province's energy needs throughout the 2030s and beyond. Long-term planning and investment in sustainable energy infrastructure are considered crucial.

Diversified Energy Portfolio

In addition to solar and wind, the IESO plans to announce further capacity from natural gas and battery storage projects later this year. These resources will support the electricity system, particularly during peak demand periods.

This integrated approach, combining renewable sources with flexible resources, is designed to enhance the resilience and stability of Ontario's electricity grid.

A Shift in Energy Policy

Ontario’s approach to energy generation has evolved since 2018, when Premier Doug Ford cancelled a number of existing renewable energy contracts. This followed public concerns regarding the cost of those contracts.

The current move to award new contracts underscores a strategic shift towards securing cost-effective renewable energy sources and meeting the growing needs of the population.

Competitive Pricing

The IESO emphasizes that the prices secured for these new solar and wind projects are highly competitive, and lower than the weighted average prices of other renewable energy projects currently underway. This demonstrates a commitment to both environmental and economic sustainability.

By investing in renewable energy, Ontario aims to mitigate climate change, reduce its carbon footprint, and support the long-term sustainability of its electricity grid. This initiative represents a vote of confidence in the future of renewable energy within the province.

The Canadian Press first published this report on April 9, 2026.