Regional Reports / Canada

Ontario Government Releases 2013 Long-Term Energy Plan

Plan Balances Five Principles That Will Guide Future Decisions

December 23, 2013
On Dec. 2, the Government of Ontario released the 2013 Long-Term Energy Plan (LTEP) highlighting the importance of conservation and outlining a plan for clean, reliable, and affordable energy for Ontario.

According to the minister of energy, the LTEP balances five principles that will guide future decisions: cost-effectiveness, reliability, clean energy, community engagement, and an emphasis on conservation and demand management (CDM) before building new generation.

Compared to the previous plan, the LTEP is expected to reduce projected cost increases by $16 billion in the near term (2013-2017), and $70 billion to 2030.

The LTEP claims that Ontario will achieve balance in the energy sector by:

• Decreasing the need for new supply by implementing conservation programs and standards to offset most growth in electricity demand over the next 20 years.

• Lowering costs for consumers. Compared to LTEP 2010, residential customers can expect to pay about $520 less over the next five years and $3,800 less to 2030, and industrial consumers can expect to pay $3 million less over the next five years and $11 million less to 2030.

• Expanding demand response programs to help achieve a 10 percent reduction in peak demand by 2025.

• Making new financing tools available to consumers starting in 2015, including programs to incent energy efficient retrofits to residential properties.

• Moving ahead with nuclear refurbishment at both Darlington and Bruce Generating Stations, beginning in 2016.

• Extending the phasing-in of wind, solar, and bioenergy for three more years than estimated in the 2010 LTEP, with 10,700 megawatts (MW) online by 2021. By 2025 about half of Ontario’s installed generating capacity will come from renewable sources.

• Developing a new competitive procurement process with the Ontario Power Authority (OPA) for future renewable projects larger than 500 kilowatts (kW).

• Issuing an annual Ontario Energy Report to update on changing supply and demand conditions, and to outline the progress to date on the LTEP.

Publication date: 12/23/2013

Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 ACI Home Performance Conference

The 2014 ACI National Home Performance Conference & Trade Show was held in Detroit.

Podcasts

Jeff Hutchinson, Energy Solutions Manager for mechanical contractor Bruner Corp., talks about the ductless market and how it can be profitable for a commercial contractor.

More Podcasts

ACHRNEWS

NEWS 07-21-14 cover

2014 July 21

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

R-22 PHASEOUT POLL

Some in the industry are calling for the EPA to halt production of R-22 as of 2015. What do you think?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con