Abstract: This 4 page paper sets out to determine a new energy policy for Ontario's electricity market. Prior to 2002 this market was a government monopoly with regulated prices. In May 2002 the province introduced a competitive wholesale energy market and contrary to the province's expectations the price of electricity soared so much that the government had to intervene and cap the price. The failure of the initial plan is examined in order to develop a new plan to decrease upward pressure on prices. The bibliography cites 4 sources.
Filename: TEontarele.rtf
Pages: 4
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance
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