Ontario Unveils Ambitious Plan to Become Energy Superpower
Energy Minister Stephen Lecce outlines a strategy to boost electricity generation and exports amid rising demand projections.
- Ontario's electricity demand is expected to grow by 75% by 2050, driven by electric vehicle manufacturing and AI data centers.
- The province plans to continue prioritizing nuclear and hydroelectric power while maintaining natural gas for peak demand reliability.
- Ontario aims to increase energy exports to jurisdictions like New York and Michigan, which face clean energy shortfalls.
- The government is exploring new nuclear projects, including four small modular reactors, to meet future energy needs.
- Upcoming energy efficiency programs will incentivize businesses and families to reduce consumption and lower energy bills.