TORONTO, Dec. 03, 2018 (GLOBE NEWSWIRE) -- The Ontario Energy Association (OEA) today released a submission to the new Government of Ontario with recommendations on how to reform electricity conservation and demand management (CDM, or conservation) programs to align with Ontario’s changing system needs and the new government’s priorities.
Ontario’s CDM Framework enables the energy efficiency and utility demand response programs that serve the province’s electricity users. However, Ontario’s recent history of having excess capacity is changing and the CDM Framework needs to adjust to this change. For example, the IESO currently projects that the province will have a capacity shortfall of 1,400 MW by 2023 and 3,700 MW by 2025. The province needs to plan now for this new need.
Based on Ontario’s evolving needs, the OEA makes the following recommendations for the future of electricity conservation:
- Continue the current CDM framework to the end of 2020
- Reduce CDM costs in the short term
- Begin developing a new conservation framework
"The OEA has leveraged the knowledge and experience of its energy leader members to put forward ideas so that electricity conservation and demand management can continue to deliver the lowest cost solution for Ontario families and businesses," says Vince Brescia, President & CEO of the OEA. "The OEA looks forward to working with the new government to develop a new framework."
View the submission:
About the OEA
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. Learn more at www.energyontario.ca.
For more information: Vince Brescia, President & CEO Ontario Energy Association 416.961.8874 vince@energyontario.ca | Leanne Ryan, Marketing & Communications Associate Ontario Energy Association 647.463.5244 leanne@energyontario.ca | |