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Ontario signs contract to import electricity from U.S.
The contract starts Nov. 1 and will help cover maintenance and winter shortfalls after Ontario missed some capacity in its latest auction.
Ontario signed a 600-megawatt power import contract with Alpha Generation on Wednesday, despite Premier Doug Ford's recent threats to cut off electricity exports to the United States.
Power shortfalls from the Pickering nuclear plant's multi-year refurbishment and gas supply failures during winter storms prompted the new contract. In January 2026's storm Fern, 2,400 megawatts of natural gas went offline across multiple plants.
Independent Electricity System Operator officials stated the contract starting Nov. 1 provides power for "facility maintenance." Recent capacity auction prices reached $725 per megawatt per business day, the highest ever in Ontario.
Ontario Clean Air Alliance chair Jack Gibbons criticized the deal, stating it increases dependency on "Donald Trump's America" and relies on carbon-intensive fossil fuel imports rather than renewables.
Power Advisory analysts warn the era of long-term capacity surpluses in Ontario is officially over, describing this import contract as the "latest sign of an increasingly tight supply/demand balance.
Ontario is going to import electricity from the United States this winter, while Doug Ford was still threatening to stop exporting electricity from the United States in August.