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Ontario says federal clean electricity regulations would add $35B in costs

Ontario warns that federal clean electricity regulations could result in $35 billion in additional costs by 2050, according to an analysis by the province's system operator, IESO.
The IESO stated that building new electricity generation to compensate for natural gas restrictions would raise residential bills by $132 to $168 annually starting in 2033.
Ontario believes it can achieve a net-zero grid by 2050 without federal regulations, relying on new nuclear and renewable resources, as noted by the IESO.

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The Epoch Times

Ontario Warns of $35B Expense From Federal Clean Electricity Rules

Ontario is calling on Ottawa to revise its proposed electricity regulations after an assessment by its provincial grid operator determined the rules would lead to an extra $35 billion in costs for the province by 2050. An analysis released by the Independent Electricity System Operator (IESO) assessing the Liberal government’s impending Clean Electricity Regulations (CER) found that Ontario would need to increase its new generation capacity twof…

3 months ago·New York, United States

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National Observer

Federal clean electricity regulations would add $35B in costs, Ontario claims

A new analysis by the Independent Electricity System Operator looking at upcoming regulations around restrictions on emissions from electricity generation found that Ontario would have to add twice as much new generation as it is already planning, which is "not feasible" in that time frame.

3 months ago·Canada

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canada-news.ca

Ontario says federal clean electricity regulations would add $35B in costs – Canada News4.7 out of 5 stars4.4 out of 5 stars4.6 out of 5 stars4.4 out of 5 stars4.4 out of 5 stars4.8 out of 5 stars4.4 out of 5 stars4.5 out of 5 stars4.5 out of 5 stars4.4 o

Ontario is urging the federal government to amend proposed electricity regulations after an analysis by the province’s system operator concluded the rules would mean $35 billion in additional costs by 2050. A new analysis by the Independent Electricity System Operator looking at upcoming regulations around restrictions on emissions from electricity generation found that Ontario would have to add twice as much new generation as it is already pla…

3 months ago

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SecularTimes

Federal clean electricity regulations would add $35B in costs: Ontario

Breadcrumb Trail Links News Ontario Ontario would have to add twice as much new generation as it is already planning Author of the article: Canadian Press Allison Jones Published Dec 02, 2024 • Last updated 17 minutes ago • 2 minute read You can save this article by registering for free here. Or sign-in if you have an account. Power lines are seen against cloudy skies near Murvale, Ont., northwest of Kingston, Wednesda…

3 months ago

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1059theregion.com

Ontario says federal clean electricity regulations would add $35B in costs – 105.9 The Region

TORONTO — Ontario is urging the federal government to amend proposed electricity regulations after an analysis by the province’s system operator concluded the rules would mean $35 billion in additional costs by 2050. A new analysis by the Independent Electricity System Operator looking at upcoming regulations around restrictions on emissions from electricity generation found that Ontario would have to add twice as much new generation as it is al…

3 months ago

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