Ontario Projects 75% Surge in Electricity Demand by 2050
The rise is driven by electric vehicle manufacturing and AI-powered data centers, prompting a strategic energy response.
- The Independent Electricity System Operator forecasts a 75% increase in Ontario's electricity demand by 2050, exceeding last year's 60% projection.
- Industrial demand is expected to grow by 58% by 2035, equivalent to adding a city the size of Toronto to the grid.
- At least 16 new data centers, driven by AI functionalities, are anticipated to account for 13% of the new electricity demand by 2035.
- Ontario plans to meet future demand through a mix of nuclear, natural gas, hydroelectric, and renewable energy sources.
- Concerns have been raised about increased reliance on natural gas, challenging the province's commitment to clean energy.