On July 10, 2023, Ontario’s Minister of Energy announced Powering Ontario’s Growth – Ontario’s Plan for a Clean Energy Future. The report represents the Government of Ontario’s response to last year’s Independent Electricity System Operator (IESO) Pathways to Decarbonization (P2D) report and commits to significant actions designed to ensure the province is prepared to sustainably manage anticipated growth in energy demand.
The Association of Power Producers of Ontario's response to the Ontario government's Pathways to Decarbonization (P2D) consultations submitted to the Environmental Registry of Ontario outlines a roadmap to a more sustainable future that leverages Ontario's clean energy advantage. Learn more about the P2D report by reading it here.
This report from RBC analyzes the investments and policies needed to achieve net-zero carbon emissions in Canada and estimates an investment of about $2 trillion over the next 30 years is required to meet this goal, including investing in "new technologies, products and even entire industries in which Canada can be a global leader."
Released in December 2022, the IESO's Pathways to Decarbonization report examines the process of eliminating all emissions from the grid and the extensive and collaborative effort required to achieve the goal of a carbon neutral future for Ontario.
In their Climate Catalyst report, the Ontario Chamber of Commerce notes that governments should enable the transition to net-zero emissions by catalyzing continued investment in climate action from the private sector. It offers a window into the challenges and opportunities for Ontario in the global green economy, with case studies and policy recommendations to inform decision makers and inspire action.
This report by Ontario's Independent Electricity System Operator assesses the impacts of phasing out natural gas generation by 2030 and concludes that "there is no like-for-like replacement supply that can offer similar operating characteristics of gas generation... a complete phase-out of gas generation by 2030 would not only drive up residential electricity costs, detering consumers from investing in carbon reduction but "lead to blackouts, as electricity would not always be available where and when needed." Ultimately it notes that "gas generation offers a set of services, including quick response time and availability, that keep the grid reliable and help balance the variability of wind and solar output."
In their Vision 2050 Report, the Canadian Electricity Association aims to clarify the policy variables and decisions that must be made over the next five to 10 years on the path to ensuring the reliability and sustainability of a modernized Canadian electricity system in 2050 as well as advances a vision for the future of electricity in Canada.
This report from the Canadian Global Affairs Institute argues that while energy security will be crucial to net-zero GHG emissions by 2050, it is often overlooked in emissions reductions decision-making. They argue that this needs to change, or we risk compromising the economy, human health and safety, along with climate action itself.
This report from the Ontario Energy Association serves as a “starting point" for what will be an ongoing and evolving dialogue about how to best leverage our energy system to reach 2050 net-zero targets. It reviews the various elements of Ontario’s energy system, the options available to achieve emissions reductions and provides key recommendations to set Ontario on an achievable path to a net-zero economy by 2050.