The Ontario Government issued a Long-Term Energy Plan on November 23, 2010
aimed to build a clean energy future. It establishes the most efficient ways to meet
them including the production of Solar Energy.
The key points set out in the Energy Plan are:
- Recognizing that energy demand will grow moderately – by about 15 percent –between 2010 and 2030.
- Noting that over the next 20 years, estimated capital investments will total $87 billion. (reassures OPA's commitment to sustainable
energy and programs such as the microFIT.)
- Setting a target for having 13 percent of Ontario’s energy supply come from clean, renewable sources (wind, solar and bioenergy) by 2018,
up from three per cent today. This will be accommodated through transmission expansion and maximizing the use of the existing system.
By the end of 2010, the OPA will have put into place contracts for more than 19,500 MW of new and existing supply. This represents an investment of about $30 billion in electricity infrastructure under way in the province.The Feed-in Tariff program, launched in 2009, has stimulated a clean-energy sector that is adding capacity to the provincial grid and creating thousands of jobs.
As a result, Ontario’s residents and businesses are enjoying the benefits of reliable, sustainable electricity supply. This turnaround also illustrates the importance of having a long-term electricity plan to maintain a system that is clean, reliable and cost-effective.