Creating a net-zero power grid in Ontario by mid-century may approximately $400-billion in new infrastructure and require new land
An emissions-free electrical grid in Ontario – one that could support mass adoption of electric cars and heat pumps – would cost three times more each year than what the province pays today, the body that co-ordinates the province’s electricity system said Thursday.Ontario’s
“It will be vital that this transition is managed prudently so that costs do not discourage electrification, negatively affect the economy, or place an undue burden on people with low incomes.” “Natural gas does provide flexibility,” IESO vice-president Chuck Farmer told reporters during a briefing. “It is available when temperatures are high and demands are particularly high, or in extremely cold weather, or when we have other issues on the fleet that require us to ramp something up very quickly.”
One such report was released late last month by Power Advisory, a consultancy, and commissioned by The Atmospheric Fund. It concluded that Ontario’s plan to expand natural-gas generation would increase grid emissions by 260 per cent by 2040. Moreover, it found that a mix of solar and wind generation, coupled with storage and energy efficiency initiatives, would be more affordable and could keep rates on par with what Ontarians pay today. Existing gas plants would be used only sparingly.
Carolyn Kim, senior director for communities and decarbonization for the Pembina Institute, said in a statement that the IESO had underestimated how reliable clean generating assets can be, and overestimated the competitiveness of natural gas.
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