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NEWS & UPDATES

The Government of Ontario released its 2023 Budget. While energy featured prominently in the budget announcement, it was largely based on previously announced commitments. The budget does signal economic priorities that may impact the energy sector in the future. Click here to read the full debrief.

On February 28, 2022 the Ontario Energy Association (OEA) released a new Energy Platform to provide Ontario's political parties with precise recommendations on how to optimize energy policies for Ontario energy consumers. The recommendations have been shaped by three key objectives to provide Ontarians with an energy system that is 1) affordable; 2) sustainable; and 3) reliable.

On June 9, 2021 the Ontario Energy Association (OEA), released the Net Zero 2050 report on options to achieve net zero emissions by 2050 calling for a comprehensive energy strategy for Ontario. This report reviews various elements of our province’s energy system and the options available to Ontario to achieve net zero emissions by 2050. 


On April 14, 2021, the Ontario Energy Association (OEA), released a report produced by Power Advisory LLC that examines the implications for Ontarians of shutting down all of Ontario’s natural gas-fired generators by 2030. 

The OEA is committed to Canada’s goal of achieving net zero GHG emissions by 2050 (NZ2050). The OEA’s intention is to leverage our expertise to assist all levels of government and their agencies to find the optimal pathway to NZ2050 while ensuring that our customers maintain access to affordable and reliable energy. It is through this lens that the OEA asked Power Advisory to examine proposals to eliminate natural gas-fired generators in Ontario by 2030, which is being publicly promoted by some organizations.

The report, titled Implications of Shutting Down Ontario’s Gas-Fired Generators by 2030, can be read here



On August 25, 2020, the Ontario Energy Association (OEA) released a report produced by Power Advisory LLC that shows Ontario could reduce rate pressure on existing customers by introducing policies to increase electricity load. COVID-19 presents a good opportunity for Ontario to examine its current electricity policies related to load growth for the benefit of existing ratepayers.

The paper also looks at several ways this can be done, including implementing programs and/or policies that increase demand and introducing low-cost allocations of energy that better utilize the province’s surplus generation.

This report, titled Policies to Incent Load Growth to Reduce Electricity Costs for Existing Ontario Customers, can be read here.
 



On April 29, 2020, the Ontario Energy Association (OEA) released a policy paper outlining ways the Ontario government can reduce its nearly $6 billion of annual spending on electricity subsidies, while still offering targeted financial relief to those who need it most. In its paper, Help Those Who Need Help, the OEA notes the Ontario government spends roughly $6 billion annually subsidizing electricity rates for households, the majority of which do not need the subsidy.

Should the government remain on the same trajectory, it will spend at least $228 billion over the next 25 years subsidizing electricity rates.

This report can be read here.


 

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Ontario Energy Association

The Ontario Energy Association (OEA) is the credible and trusted voice of the energy sector. We earn our reputation by being an integral and influential part of energy policy development and decision making in Ontario. We represent Ontario’s energy leaders that span the full diversity of the energy industry.

The OEA takes a grassroots approach to policy development by combining thorough evidence based research with executive interviews and member polling. This unique approach ensures our policies are not only grounded in rigorous research, but represent the views of the majority of our members. This sound policy foundation allows us to advocate directly with government decision makers to tackle issues of strategic importance to our members.

Together, we are working to build a stronger energy future for Ontario.

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