The Future of Energy Contracts in Ontario

To ensure long-term contracts and their benefits for all parties involved are utilized moving forward, The Future of Energy Contracts in Ontario provides six recommendations aimed at creating a competitive procurement process that works for all parties and addresses concerns about future affordability and reliability. This paper focuses on the impact of moving to a policy of procuring electricity supply through the utilization of long-term contracts. We evaluate the impact of long-term contracting on price outcomes to ultimately determine that these long-term contracts should be utilized moving forwards.