Ontario Hydro

About

In 1998, the Legislative Assembly of Ontario passed the  Energy Competition Act, 1998 ,[37] which:

• authorized the establishment of a market in electricity
• reorganized Ontario Hydro into five companies: Ontario Power Generation (OPG), the Ontario Hydro Services Company (later renamed Hydro One), the Independent Electricity Market Operator (later renamed the Independent Electricity System Operator), the Electrical Safety Authority, and Ontario Electricity Financial Corporation.[38] (The two commercial companies, Ontario Power Generation and Hydro One, were intended to eventually operate as private businesses rather than as crown corporations.)

Ontario Hydro ceased operations on March 31, 1999. Its assets and functions were transferred by provincial statute to two commercial successor corporations, Ontario Power Generation Inc. and Ontario Hydro Services Company Inc., as well as to two not-for-profit agencies, the Independent Electricity Market Operator and the Electrical Safety Authority.[39]

Taxonomy

• Hydro-electric Modeling