(Toronto – February 23, 2022) – Demand for electrical energy is rising quickly in Ontario, pushed each by financial progress and electrification. That’s why immediately, the Ontario Chamber of Commerce has launched the primary of its Coverage Primer Sequence, Addressing Ontario’s Rising Electrical energy Wants.
“After greater than a decade of sturdy electrical energy provide, Ontario is coming into a interval of widening shortfalls. As demand for clear electrical energy grows, useful resource availability can be constrained by the retirement of the Pickering Nuclear Station, nuclear refurbishments, and contract expirations for different sources,” stated Rocco Rossi, President and CEO, Ontario Chamber of Commerce. “Having a plan to handle these shortfalls is crucial to make sure companies can proceed investing and rising in Ontario with confidence.”
The OCC’s Coverage Primer Sequence is meant to tell the enterprise neighborhood and policymakers on well timed points.
“Ontario has been a world chief in tackling local weather change by efficiently phasing out coal and creating one of many cleanest, decarbonized electrical energy methods on the planet,” stated Patrick Dalzell, Head of Company Affairs, Bruce Energy. “We should plan for the following technology of fresh vitality innovation that may appeal to new funding to the province and improve the demand for clear electrical energy as different sectors deal with hitting their very own Web Zero targets.”
“Given the time it takes to operationalize electrical energy infrastructure, it’s crucial that Ontario present readability on its plan to safe dependable, inexpensive, and sustainable sources for future generations,” added Rossi.
The OCC’s Vitality Coverage Council continues to interact with authorities, companies, and the enterprise neighborhood on this essential subject.
Learn Addressing Ontario’s Rising Electrical energy Wants.
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Concerning the Ontario Chamber of Commerce
For greater than a century, the Ontario Chamber of Commerce (OCC) has been the impartial, non-partisan voice of Ontario enterprise. The OCC’s mission is to assist financial progress in Ontario by defending enterprise priorities at Queen’s Park on behalf of its community’s numerous 60,000 members.
For extra info please contact:
Michelle Eaton
Vice President, Public Affairs
michelleeaton@occ.ca| Cell: (647) 261-4594