New Ontario Government report outlines a plan for stable, predictable procurement schedules for energy, including solar and wind.
Windsor, Ontario, July 10, 2023—CanREA joined Energy Minister Todd Smith today for the launch of the Ontario government’s new “Powering Ontario’s Growth” report, which indicates a commitment to procuring energy sources including solar and wind, and to do so via regular, transparent procurements.
“CanREA applauds the Ontario government for enabling stable, predictable procurement schedules for clean electricity projects as part of this announcement,” said Vittoria Bellissimo, CanREA’s President and CEO. “CanREA members will play a key role in meeting Ontario’s energy needs affordably with solar, wind and energy storage.”
In this report, the Government provides a long-term vision for the decarbonization of the energy sector in Ontario, in response to the IESO’s Pathways to Decarbonization (P2D) report, released last December, which indicated that Ontario would need close to 70GW of new, non-emitting electricity generation by 2050 to meet a critical shortfall.
“CanREA also appreciates that the Ontario government sees value to Ontario ratepayers in advancing Distributed Energy Resources. Our members are experts in this area and are already working hard to bring DERs to market,” said Bellissimo.
Indeed, increasing the province’s supply of clean electricity meshes well with its new and growing energy storage capacity. Many CanREA member companies have already been successful in the first phase of the ongoing energy storage procurement, as announced last May.
This new report contains positive signals for moving towards decarbonization and addressing the province’s growing need for renewable energy and energy storage, including long-duration storage options.
“Together, we will help build a more reliable, affordable and sustainable electricity system for Ontario,” said Bellissimo.
CanREA represents Canada’s leading wind, solar and energy storage companies, working to build a more reliable, affordable and sustainable electricity system for the future of Ontario and across Canada. 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.”
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Quotes
“CanREA applauds the Ontario government for enabling stable, predictable procurement schedules for clean electricity projects as part of this announcement. CanREA members will play a key role in meeting Ontario’s energy needs affordably with solar, wind and energy storage.
“CanREA also appreciates that the Ontario government sees value to Ontario ratepayers in advancing Distributed Energy Resources. Our members are experts in this area and are already working hard to bring DERs to market,”
“Together, we will help build a more reliable, affordable and sustainable electricity system for Ontario.”
—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)
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Communications
Canadian Renewable Energy Association
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About 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. 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 Vision.” Follow us on Twitter and LinkedIn. Subscribe to our newsletter here. Become a member here. Learn more at renewablesassociation.ca.
