Insights

Energy Regulatory Update (Q4, 2025)

Happy New Year and welcome to the latest edition of the Shepherd Rubenstein Energy Regulatory Update, our quarterly overview of key developments in the Ontario energy sector. This update highlights the most significant regulatory and policy activity between October and December 2025. If you have not already done so, we invite you to read our special 2025 Year in Review, which examines last year’s important themes and regulatory developments. Ontario Energy Board The OEB issued a number of notable decisions over the last few months, including: The OEB announced that

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2025 Energy Regulatory Year in Review

Happy Holidays. As the year winds down, we are pleased to share the key developments that, in our view, shaped 2025 in our annual Year in Review edition of the Shepherd Rubenstein Energy Regulatory Update. Ontario energy policy and regulation in 2025 was dominated by two things: the response to the trade war initiated by the United States, and the release of the Integrated Energy Plan (IEP), Energy for Generations. In response to the economic uncertainty and tariff impacts, both the Federal Government and the Ontario Government put in place

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Energy Regulatory Update (Q3, 2025)

Welcome to the latest edition of the Shepherd Rubenstein Energy Regulatory Update, our quarterly round-up of important developments in Ontario’s energy sector. Below you’ll find a summary of the regulatory and policy activity from July through September (and the first few days of October). Ontario Energy Board The OEB issued a number of notable decisions over the last few months, including: As part of work required under the Integrated Energy Plan implementation directive, the OEB launched several reviews: Notice of final amendments to the Distribution System Code (DSC) was issued

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Energy Regulatory Update (Q2, 2025)

Summer has arrived, along with the latest edition of the Shepherd Rubenstein Energy Regulatory Update, our quarterly round-up of key developments in Ontario’s energy sector. This edition covers the period from April to June, highlighted by the release of the Ontario Government’s Integrated Energy Plan. Integrated Energy Plan On June 12th, the Ontario Government released its first Integrated Energy Plan (IEP), Energy for Generations. The IEP is meant to be the Government’s comprehensive roadmap for meeting future energy needs through a single coordinated strategy across different energy types (including electricity,

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Energy Regulatory Update (Q1, 2025)

We’re pleased to share the Q1, 2025 edition of the Shepherd Rubenstein Energy Regulatory Update, our summary of key developments in Ontario’s energy sector between January and March (and the first few days of April). This quarter was marked by heightened uncertainty caused by the ongoing trade dispute with the United States. The Ontario provincial election led to a temporary pause in many regulatory initiatives, while the recent launch of the federal election campaign has added further complexity to the evolving energy policy landscape heading into Q2. Trade War The

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