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<strong>Ontario's Long-Term Energy Plan</strong>

 <strong>Ontario's Long-Term Energy Plan</strong>

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10/26/2017      

 

Earlier today Ontario’s Minister of Energy Glenn Thibeault released the government’s 2017 Long-Term Energy Plan (LTEP), “Delivering Fairness and Choice,” which provides a road map for the province’s energy system over the next 20 years. The 2017 LTEP focuses on the affordability and reliability of a clean energy supply.

There is a lot of positive news for OPG in this report as it focuses on many of our key projects and initiatives and recognizes the importance of maximizing existing assets.

The LTEP highlights the important role nuclear energy plays in delivering low cost, GHG-free generation, while contributing substantially to the Ontario economy. In particular, it notes OPG’s progress on Darlington refurbishment and reaffirms Ontario’s plan to refurbish the four units at Darlington and six units at Bruce Power. The plan also recognizes the value of continuing to operate Pickering until 2024. This is good news for the nuclear industry, our host communities, and the province as a whole.

The LTEP also notes the potential for innovation in nuclear technologies such as Small Modular Reactors, isotope production, research into nuclear fuels and nuclear’s potential role in the use of hydrogen as an alternative fuel. OPG is currently in discussions with a number of organizations to determine how we can capitalize on these opportunities.

Hydroelectric power is recognized as Ontario’s largest source of renewable energy and the LTEP highlights the opportunity to continue to invest in optimizing existing facilities. It also notes a large potential for new projects in the north, while acknowledging that these would require significant transmission development. The plan also notes that pumped hydro storage could play an important role in system reliability.

OPG’s Lower Mattagami and Peter Sutherland Senior hydro generation projects are seen as good examples of partnerships with First Nations. Our micro grid partnership with Gull Bay First Nation will help that community reduce its dependence on diesel power generation and gets a special mention as a new way of operating in the north.

The LTEP foresees a huge leap in the electrification of the transportation sector in Ontario. OPG’s clean energy mix is the perfect platform for providing the power needed to accomplish this, and we’re very active in a number of initiatives to foster this development.

Read the full 2017 Long-Term Energy Plan (LTEP) report.

OPG generates safe, clean, reliable, low-cost power for Ontario. More than 99 per cent of this power is free of smog and carbon emissions. OPG's power is priced 40 per cent lower than other generators, which helps moderate customer bills.