The Big Switch Electricity Transformation Canada Making electricity systems bigger means growing them to meet the increased demand from widespread electrification. in a net zero future, canadian electricity demand will grow to be 1.6 to 2.1 times larger by 2050 compared to today. and to meet that demand, canada's electricity generation capacity will need to be 2.2 to 3.4 times bigger than today. That is why the government of canada is publishing this vision for a clean, affordable, and reliable electricity system for every region of canada as a call to action to help advance a discussion—among provinces and territories, indigenous partners, industry and labour, environmental organizations, and civil society—about how to build a clean, reliable, and affordable electricity grid from.
The Big Switch Electricity Transformation Canada Clean electricity, affordable energy. new analysis from the institute shows that a big switch from fossil fuels to clean electricity will save canadians money. the switch will save canadians money on energy costs over time. average household spending on energy is expected to decrease 12 per cent by 2050 in canada. “canada needs to make massive investments in our electricity system to meet the needs of the energy transition. the scale is too much for ratepayers to cover alone. the 2023 federal budget made transformative investments in canada’s electricity sector that will help electricity companies build the system we need at a price canadians can afford.”. Part 2: seizing the opportunity. align on goals. policy clarity now and in the future. mandates consistent with climate goals. flexibility for jurisdictions across canada. data transparency and trust. enable the build. a champion to reform clean electricity approvals. a risk based approach to project reviews. Today, the honourable jonathan wilkinson, canada’s minister of energy and natural resources, released powering canada forward, the government of canada’s vision for transforming canada’s electricity sector, to decarbonize our grids by 2035, keep our electricity systems reliable and ensure household energy costs are affordable. this project rivals any nation building project in canada’s.
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