Toronto, Ont. – Today’s move to cancel what remains of the Green Energy Act is disheartening but largely symbolic. The Green Energy Act was already essentially dead. The FIT and microFIT programs for wind and solar power had already been wound down. And the new government cancelled the last 758 projects that had been approved under that program, most of which were small community projects.
Cancelling the Green Energy Act at this point will have no impact on Ontario’s electricity supply mix, nor will it have an impact on energy bills.
And yet, the rejection of wind and solar power is unfortunate. Ontario is Canada’s renewable energy leader, and also the nation’s clean technology leader. This is not a coincidence. The Green Energy Act brought billions of clean tech dollars to Ontario and created thousands of jobs.
The rejection of wind and solar also comes at a time when renewables are now the cheapest form of new electricity generation in Canada, as they are in many parts of the world. Alberta recently signed contracts for wind power at 3.7 cents per kilowatt hour. In comparison, the average cost in 2016 of natural gas-fired electricity generation in Ontario was above 12 cents per kilowatt hour, and Ontario Power Generation projects that nuclear power rates need to rise to over 16 cents per kilowatt hour to cover nuclear generating station refurbishments.
The surest way to lower electricity costs for Ontarians is to contract low-cost options like wind and solar power.
About ENVIRONMENTAL DEFENCE (www.environmentaldefence.ca) Environmental Defence is Canada’s most effective environmental action organization. We challenge, and inspire change in government, business and people to ensure a greener, healthier and prosperous life for all.
For more information or to arrange an interview, please contact: Allen Braude, Environmental Defence; 416-356-2587; firstname.lastname@example.org