Power Plant To Be Built in Oakville – OPA Awards Contract to TransCanada Corporation

By
Real Estate Sales Representative with RE/MAX Aboutowne Realty Corp., Brokerage

Oakville Power Plant Location

 

Yes it’s true.  Today, the Oakville Power Authority (OPA) announced plans to build a gas fired power plant in Oakville.  The power plant will specifically be located along Royal Windsor Drive, next to the Ford Motor Company’s Oakville manufacturing plant just southwest of Ford Drive and QEW.  OPA awarded the power plant contract to TransCanada Corporation; the only company of the 4 bidder’s who plans to build on Oakville lands.  The other 3 companies all proposed to build in the neighbouring Clarkson area of Mississauga.

Tens of thousands of Oakville and Mississauga residents have signed petitions to stop the 900 megawatt gas fired plant from being built in Oakville or Clarkson.  In a recent press release by OPA, Colin Andersen, chief executive officer of the Ontario Power Authority had this to say, “This new plant will meet local needs for a reliable supply of electricity, strengthen Ontario’s overall system, while performing far above Ontario’s stringent air emission standards.”

Construction of the plant is expected mid 2010 with an operational date of January 2014.  While Premier Dalton McGuinty says the plant is needed to supply the growing power needs of the GTA, local residents have been outraged for months over the prospect of it being in their backyard citing that the area is already environmentally overtaxed. 

The contract for the plant may have been awarded but this battle is far from over.  One thing is for certain - Oakville residents will not give in to the Provincial Government’s plan for a new plant so easily.  I suspect the Ontario government is about to see a fight like they have never seen before....

If you have questions about this or any other topic related to Oakville real estate, please contact me at 905.338.9000, lindsay@remaxaboutowne.com or visit my website at www.lindsaywalls.com.

 

Regards,

Lindsay

 

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