Minister Asks IESO to Continue Contract Negotiations for Lake Erie Connector Project
February 3, 2022
In a letter to the IESO, the Minister of Energy has asked the IESO to continue its discussions with ITC and report back with an updated assessment of its proposed Lake Erie Connector Project by March 22, 2022. The update is to include the status of discussions with PJM on a Joint Operating Agreement and a draft transmission agreement.
The IESO’s initial assessment of the project demonstrates potential benefits to Ontario including improved system reliability, new trading opportunities, lower electricity costs, and reduced GHG emissions in Ontario and regionally.