Canadian Electricity Association Urges Ministers to Consider Pan-Canadian Approach to Energy

As Canada’s energy and mines ministers prepare for their annual conference in P.E.I next week, the Canadian Electricity Association (CEA) urges ministers to consider the bigger picture when reflecting on Canada’s energy future. In particular, CEA asks that ministers consider a pan-Canadian approach to energy that integrates the development of open regional electricity markets.

“A pan-Canadian approach to energy would support areas of inter-provincial cooperation and promote the further development of the smart grid, renewable energy, harmonized standards for energy efficiency and the development of electrical vehicle infrastructure,” said Jim Burpee, president and CEO of the CEA, in a press release. “Although provinces have typically approached their electricity system and supply independently, creating common markets or long-term generation contracts by region, as is currently being considered by Newfoundland and Labrador to Nova Scotia, would create a more efficient, sustainable and affordable electricity system for Canadians.”

Canada’s electricity system was built 30 to 60 years ago, and must now be renewed in order to maintain system reliability and the capacity to support economic development. According to the Conference Board of Canada, morethan $15 billion per year will be invested to renew or replace aging generation stations, add to renewable generation capability and accommodate market growth.

“This is an unprecedented opportunity to provide the next generation with a strong and effective electricity system that will power the economy and their everyday lives,” added Jim Burpee.