The OEA's 2021 Net Zero 2050 report outlined the magnitude of opportunities and challenges provided by the energy transition in Ontario, and explored some of these by energy source, potential technology and major sectors.
Natural gas would retain its status as an essential ingredient of power supplies for Ontario, the most populated Canadian province, in a program adopted
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In a new policy paper, the Ontario Energy Association says the expansion of renewable resources like wind and solar could play a significant role in cutting emissions. But the industry group also argues governments shouldn’t phase out natural gas.
Eliminating Ontario Natural Gas Generation to Inflict Financial Pain on Consumers, Says Energy Group
Natural gas-fired power plants only cause 2.3% of Ontario carbon emissions, but eliminating them would inflict at least a C$60 billion ($48 billion) bill on consumers, according to the Canadian province’s electricity suppliers.
The Ontario Energy Association (OEA), a utilities and contractors group, totaled the costs of environmental demands for swift and total greenhouse gas (GHG) emission cleanup in a report by Power Advisory LLC titled Implications of Shutting Down Ontario’s Gas-Fired Generators by 2030.
“A sudden retirement of all gas-fired generators will result in significant and material increases in electricity costs for all Ontario electricity customers,” the researchers said. “Alternative supply resources will be costly to construct and will, in many cases, require large-scale upgrades to the grid to accommodate them.”