Ontario’s Independent Electricity System Operator provides Pathways to Decarbonization report back to Minister of Energy
Ottawa, December 15, 2022—The Canadian Renewable Energy Association (CanREA) anticipates significant opportunities for our members in Ontario because the province considers scenarios to decarbonize its electricity system within the years to come back.
The Independent Electricity System Operator (IESO) today released the Pathways to Decarbonization report, in response to Energy Minister Todd Smith’s request for the IESO to guage a moratorium on recent natural gas generating stations in Ontario and to develop an achievable pathway to decarbonization within the electricity system.
In accordance with the IESO’s report, Ontario will need near 70GW of recent non-emitting electricity generation by 2050. CanREA members can expect a necessity for at the very least 25 GW of recent wind, solar and energy storage to be procured to fulfill the 2050 scenario outlined.
“CanREA recognizes this report will result in a broader discussion on optimizing solutions to power Ontario’s energy transition,” said Brandy Giannetta, CanREA’s Vice-President of Policy and Government Affairs. “CanREA members are well positioned to speculate in constructing the low price, non-emitting infrastructure that Ontario needs”.
CanREA works on behalf of its members to be certain that Ontario’s electricity system leverages—and unlocks additional value from—Ontario’s low price and versatile wind, solar and energy storage resources. The Association will proceed to advocate for fair and transparent competitive procurements to make sure Ontario ratepayers are receiving the very best value as we proceed to design and construct the clean electricity grid of the long run.
For more information on how Canada can use wind energy, solar energy and energy storage to assist achieve its net-zero commitments, seek the advice of “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vison.”
Quotes
“CanREA recognizes this report will result in a broader discussion on optimizing solutions to power Ontario’s energy transition. CanREA members are well positioned to speculate in constructing the low price, non-emitting infrastructure that Ontario needs.”
—Brandy Giannetta, CanREA’s Vice-President, Policy & Government Affairs
Concerning 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 can power Canada’s energy future. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions. For more information on how Canada can use wind energy, solar energy and energy storage to assist achieve its net-zero commitments, seek the advice of “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vison.” Learn more at renewablesassociation.ca. Follow us on Twitter and LinkedIn. Subscribe to our newsletter here. Change into a member here.
For more information or interview opportunities, please contact:
Communications
Canadian Renewable Energy Association
647-268-3382
communications@renewablesassociation.ca
