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
Kakul .
1y
Impressive insights shared by Lesley Gallinger in her piece for the Toronto Star. It's heartening to see the proactive measures being taken in Ontario to ensure a clean, reliable, and affordable electricity system. The analogy of solving a Rubik's Cube is apt – transitioning to a sustainable energy future is indeed a multifaceted challenge. Kudos to Ontario for their substantial initiatives, including record-setting clean energy storage, energy efficiency expansion, and innovative nuclear projects. These steps will undoubtedly pave the way for a brighter, more sustainable energy future, essential for Ontario's growth. 👏🔌💚
Not sure being first on SMR's is a good idea. Do we know the final cost to build and operate? For the $14 billion just refurbing Darlington we could have built 14,000 MW's of solar... Saving $70 Billion in operating costs...