Ontario’s updated Long-Term Energy Plan, Achieving Balance, encourages conservation and lays out a plan for clean, reliable and affordable energy for Ontarians, where and when they need it.
The 2013 Long-Term Energy Plan (LTEP) balances five principles that will guide future decisions: cost-effectiveness, reliability, clean energy, community engagement, and an emphasis on conservation and demand management before building new generation.
One of the key ways Ontario will achieve balance in the energy sector by:
- Expanding Demand Response programs to help achieve a 10 per cent reduction in peak demand by 2025. This is equivalent to approximately 2,400 megawatts under today’s forecast conditions – equivalent to twice the average demand of Hamilton and Kitchener combined.
Compared to the previous plan, Achieving Balance is expected to reduce projected cost increases by $16 billion in the near term (2013-2017), and $70 billion to 2030. These cost reductions will be realized even as Ontario keeps its commitment to phase out the last of its coal-fired generation by the end of 2014.
“We are very pleased that for the first time in Ontario’s supply mix, demand response will play a meaningful role at 10% of projected peak demand and Rodan Energy Solutions is ready to do its part to achieve this,” said Rodan’s CEO Paul Grod. “We believe that the 2013 LTEP will help maintain Ontario’s position as a smart grid leader and will ensure a more sustainable energy economy.”
The new plan reflects input received from thousands of people across the province. Many individuals and organizations participated in person and online to contribute their thoughts and ideas.