21 Oct '16, 8pm

What is the most economic source of new electricity generation for Ontario?

What is the most economic source of new electricity generation for Ontario?

Wind energy has been the largest source of new electricity generation capacity in Canada over the last decade. It has become the electricity supply option of choice because many jurisdictions, such as Ontario, have provided stable policy that has allowed industry to invest in continuously improving the technology. That has led to costs declining while capacity factors increase. System planners are also taking note that wind energy has not produced a track record of significant cost overruns such as we have seen in the nuclear and hydro-electric industries, and that it does not face the commodity cost risks of natural gas. Plus, wind energy has no carbon price risk, and the fuel – the wind – is free.

Full article: http://canwea.ca/economic-source-new-electricity-generati...

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