cover image: Power Plays - How to build a renewable energy future in Atlantic Canada

Power Plays - How to build a renewable energy future in Atlantic Canada

20 Feb 2024

The fact that Nova Scotia has committed to an aggressive plan to get to net zero — that the goals of both the company and the province are aligned — is important. [...] The Canada Energy Regulator projects the region’s power generation needs will increase by 60 percent to 100 terawatt hours (TWh) by 2050 (from 62 TWh in 2021).6 Transforming the energy that drives the country to non-emit- ting electricity will be, as the Public Policy Forum put it in a The Canada recent report, the “project of the century.” 7 Adds the Atlantic Energy Regulator Canada Roadmap, with. [...] The Atlantic Loop, a proposal to add transmission lines between Quebec and New Brunswick, and upgraded capacity between Nova Scotia and New Brunswick, has been thought of for years as a critical part of the clean energy transition. [...] This may be in part to stay ahead of regulators: The federal government is working toward imposing mandatory climate reporting for federally regulated financial institutions and pension plans,24 and market regu- lators such as the Office of the Superintendent of Financial Institutions and the Canadian Securities Administrators have rules in the works as well.25 Commitments to using clean, renewabl. [...] Consider that the as a source of clean, renewable installation of 15 GW of offshore wind generation would create energy could an average of approximately 30,000 direct jobs annually during boost employment, several years of construction and installation, and about 1,200 income and exports, permanent jobs for ongoing operation and maintenance.29 and be a means to expand the Establishing Atlantic Ca.
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Canada