CanREA encouraged by Ontario’s clean-energy-credit proposal

Ontario’s Ministry of Energy announces plans for a voluntary clean-energy-credit registry.

Ottawa, January 27, 2022—The Canadian Renewable Energy Association (CanREA) is encouraged by plans to develop a new, voluntary, clean-energy-credit (CEC) registry in Ontario, as announced yesterday by the Minister of Energy, the Honourable Todd Smith.

“It’s great to see the Ontario Ministry of Energy taking this important step toward the launch of a clean-energy-credit (CEC) market,” said Nicholas Gall, CanREA’s Director for Ontario. “A CEC registry could enable more Ontario consumers to choose wind and solar energy to power their operations and help companies meet their ESG targets.”

CanREA looks forward to engaging with the IESO and with other stakeholders on designing the CEC registry system. CanREA will work on behalf of its members to ensure that Ontario’s new CEC registry leverages—and unlocks additional value from—Ontario’s wind and solar resources.

For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vison.”

Quotes

“It’s great to see the Ontario Ministry of Energy taking this important step toward the launch of a clean-energy-credit (CEC) market. A CEC market could enable more Ontario consumers to choose wind and solar energy to power their operations and help companies meet their ESG targets.”

—Nicholas Gall, CanREA’s Director for Ontario

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 About the Canadian Renewable Energy Association (CanREA)

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. Our aim is to ensure wind energy, solar energy and energy storage play a central role in transforming Canada’s energy mix. Follow us on Twitter and LinkedIn. Subscribe to our newsletter. Become a member. Learn more at renewablesassociation.ca.

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