Ontario demandlive
—
00:00now
Independent power producer · Ontario · since 2018
Power for Ontario industry. Capacity for the markets reshaping the grid.
Public Energy is an Ontario independent power producer. Six plants in operation today, and new capacity in development for the procurements and markets reshaping the province's power system.
Ontario, right now
Live · IESO · refresh 60sReal-time price · OZPlive
—/MWh
PE peak tracker · Top-5 proximityICI base period
—
Generation mix · this hour
—generating now
Public Energy AI · 24h outlook—
—
01 · The operating business
Six plants in operation.
Built and operated by Public Energy.
Public Energy designs, finances, builds, and operates distributed generation across multiple Ontario industrial sites. Our plants run under long-term agreements with the manufacturers who host them, dispatched through Ontario's coincident peak hours to lower Global Adjustment for the customers we serve.
- Plants in operation
- 6
- Sites across
- Ontario
- Operating since
- 2018
Recently brought online
Geographic naming · customer details under agreementHalton 6MW
Halton Region, Ontario
COD
2023
Status
Operating
Halton 8MW
Halton Region, Ontario
COD
2023
Status
Operating
St Thomas 10MW
St Thomas, Ontario
COD
2024
Status
Operating
02 · The market has changed
May 1, 2025.
A different market.
The Market Renewal Program took effect. The Hourly Ontario Energy Price was retired. Day-ahead and real-time prices now move under locational marginal pricing. Global Adjustment has compressed temporarily under elevated spot prices, but we expect it to normalize back upward as Ontario Power Generation's anticipated 2027 rate increases take effect.
Ontario's electricity demand is forecast to grow roughly 75% by 2050. OPG has filed an application with the OEB for a regulated rate increase of approximately 86%, effective January 2027 if approved. The OEB proceeding is under way.
This is the environment we operate in. It is also the environment our work is built for.
- Demand growth by 2050
- ~75%
- OPG rate increase requested
- ~86%
Filed Dec 2025 · OEB review under way
loading
Day-ahead Ontario zonal price by hour, pulled live from IESO. The hour shape is the market's bid for tomorrow. Real-time prices settle around it, and they move further now than they did before May 2025.
03 · Where we are going
From a single product
to a diversified IPP.
Public Energy is broadening its book. Behind-the-meter generation for industrial customers remains the foundation. Around it, we are upgrading existing sites for wholesale market participation, building positions in Ontario's Corporate PPA framework, and advancing greenfield development for the long-term procurements now reshaping the province's supply mix.
01
ICI
Industrial Conservation Initiative
We continue to operate and expand our behind-the-meter generation footprint with new and existing industrial partners. Coordinated dispatch through Ontario's coincident peak hours, lowering Global Adjustment for Class A customers.
Operating
02
Existing fleet · merchant
Site upgrades for grid market participation
Public Energy is upgrading interconnection at existing sites to enable export into the IESO wholesale markets, in addition to behind-the-meter dispatch. The upgrades preserve the existing on-site service and add a second, market-facing operating mode under separate revenue-grade metering.
In execution
03
VPP / C-PPA
Virtual Power Plant under O. Reg. 429/04
Ontario's Corporate PPA framework, amended in 2025, lets Class A market participants receive Global Adjustment relief from offsite renewable generation under bilateral PPAs. We are developing virtual power plant capability that aggregates distributed, dispatchable renewable resources across multiple industrial customer sites under this framework.
In development
04
LT Procurement & Merchant
Long-term capacity
Ontario is procuring long-duration capacity through the IESO's Long-Term procurements. Public Energy is advancing greenfield development sites suitable for long-term capacity contracts and merchant market participation.
Greenfield development
Our partners
Reciprocating engines
Electrical engineering
Engineering and consulting04 · Track record
Built before.
Building again.
Public Energy is led by John Douglas, founder of Transmission Developers Inc. (the Champlain Hudson Power Express, $5.8B, acquired by Blackstone), and Ventus Energy (25 wind projects, 2,000 MW, acquired by Engie). Earlier, head of Investment Banking at Sprott Securities.
Vice-Chairman Dr. Denis Steyn is a high-voltage engineer with more than two decades at Siemens AG and Siemens Canada in power transmission, and an advisory role to the German government on the energy transition.
- 2007Ventus Energy25 wind projects, 2,000 MW. Acquired by Engie.
- 2009Champlain Hudson Power Express$5.8B HVDC, Montréal to New York City. Acquired by Blackstone.
- 2014Lake Erie Connector$2B HVDC, Ontario to PJM. Under development.
- 2017Pacifico HVDC Link$2B HVDC line, Peru to Chile. In progress.
- 2018Public Energy Inc.Distributed generation portfolio, Ontario. Operating today.
05 · Contact
Talk to the team.
Three paths in, depending on why you are here. Direct lines to real people. No marketing automation, no form-fill funnels.
155 Queens Quay EastToronto, Ontario
info@publicenergyinc.com