If you read or hear about a simple solution to our electricity system needs, you’re not being given the whole story. Electrification is the goal and there is a strategy to get there as efficiently and cleanly as possible while also considering important variables around cost and reliability. We need to continue to leverage diversity in technologies as we always have in Ontario or else we will never solve the Rubik’s cube.
VP Marketing and Business Development at CANDU Energy Inc. Former Ontario Cabinet Minister/Former MPP Bay of Quinte
Great piece today in the Toronto Star from Lesley Gallinger, President and CEO of Ontario's Independent Electricity System Operator (IESO). As we build out our clean, reliable and affordable electricity system, it breaks down the critical - and often unappreciated role - that natural gas generation plays in our grid, keeping the lights on as new clean generation and storage comes online. As Lesley says "this transition is like solving a Rubik’s Cube. We have a complex, multi-dimensional puzzle to tackle and must align all sides to ensure a reliable, affordable and sustainable end state for Ontario’s electricity system." Over the past two years, we've announced significant new initiatives, including the largest clean energy storage procurement in Canada's history, a $342 million expansion of energy efficiency, a new electricity trade agreement with Quebec and new nuclear projects including the G7's first grid-scale SMR. We're ensuring that Ontario will continue to have the reliable, affordable, clean electricity that we need to grow. https://lnkd.in/gQMemuwF