Affordable electricity will be a pillar of post-pandemic economic recovery
Ottawa, Ontario, November 6, 2020 – Ontario’s Minister of Finance, the Hon. Rod Phillips, tabled the provincial budget in the Legislature yesterday. Ontario’s Action Plan: Protect, Support, Recover included measures aimed at providing financial relief for electricity consumers during these difficult times.
Electricity costs have increased in Ontario over the past decade as a result of investments made in much-needed infrastructure like transmission and new generation. The actions committed to by this government will provide financial relief for electricity consumers during these difficult times and will help support our post-pandemic economic recovery.
The Canadian Renewable Energy Association (CanREA) is committed to working with the Ontario Government to ensure that future investments in the electricity system focus on the provision of reliable, low cost and emissions-free sources of power for the benefit of all Ontarians.
Renewable generation, along with energy storage and other emerging technologies such as smart grids and distributed energy resources, will play a critical role in supporting such objectives by improving operational efficiency, reducing curtailment and more effectively deploying our province’s diversity of energy resources while lowering overall system costs.
Representing innovators, engineers, developers, investors, and other industry partners, CanREA is eager to continue working with Premier Ford, Minister Rickford and the Government of Ontario to enable an energy market that provides cost-competitive and sustainable energy solutions for Ontario’s electricity needs.
Quotes
“We are committed to working with the government to ensure that affordability remains a key consideration in the development of a reliable, low cost and emissions-free electricity system that benefits all Ontarians.”
– Robert Hornung, President and CEO, Canadian Renewable Energy Association
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About the Canadian Renewable Energy Association (CanREA)
The Canadian Renewable Energy Association is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. Our association works 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 vision is to ensure wind energy, solar energy and energy storage play a central role in transforming Canada’s energy mix.
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For more information or for interview opportunities, please contact:
Anastasia Smolentseva, Communications Manager
Canadian Renewable Energy Association
613-857-3359