CanREA joined Minister of Environment and Climate Change Canada Steven Guilbeault for the announcement of the Federal Government's new draft Clean Electricity Regulations today (Aug 10).
"In 2021, CanREA's 2050 Vision, Powering Canada's Journey to Net-Zero, defined a "to-do list" that will enable Canada to get to net-zero. Task #1 called on Canada to put in place foundational measures to enable the decarbonization of electricity production by 2035. And that's why I am so pleased to be here today for the announcement of the Federal Government's draft Clean Electricity Regulations," said Vittoria Bellissimo, CanREA's President and CEO, in her remarks.
"As a pan-Canadian member association, CanREA is happy to see that these Regulations are drafted in such a way as to set the destination, which is net-zero, but to let provinces and companies pick their path to get there," said Bellissimo.
CanREA has long been calling for a massive increase in the deployment of new wind energy, solar energy and energy storage. These technologies will need to provide two-thirds of the electricity required to decarbonize the economy in the coming decades. In fact, getting to net-zero will require Canada to install more than 5,000 MW of new wind and solar annually between now and 2050.
Why are they the solution? Because they work, because they are ready today, and because they are the most affordable way to meet Canada's net-zero targets.
To achieve these goals, we need to remove barriers to the development of a thriving, sustainable renewable energy and energy storage industry in Canada.
The Clean Electricity Regulations create a clear market signal for the further deployment of renewable electricity from coast-to-coast-to-coast that will spur significant new investments in Canada.
"This is an exciting moment for our industry in Canada, as there are massive opportunities on the horizon for renewable energy and energy storage," said Bellissimo.
They will also translate into increased economic opportunity for Indigenous communities and companies, something that many CanREA members support, as their business models are increasingly based on partnerships with Indigenous Peoples.
CanREA represents Canada's leading wind, solar and energy storage companies, working to build a more reliable, affordable and sustainable electricity system across Canada. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult "Powering Canada's Journey to Net-Zero: CanREA's 2050 Vison."
Quotes
"In 2021, CanREA's 2050 Vision, Powering Canada's Journey to Net-Zero, defined a "to-do list" that will enable Canada to get to net-zero. Task #1 called on Canada to put in place foundational measures to enable the decarbonization of electricity production by 2035. And that's why I am so pleased to be here today for the announcement of the Federal Government's draft Clean Electricity Regulations.
"As a pan-Canadian member association, CanREA is happy to see that these Regulations are drafted in such a way as to set the destination, which is net-zero, but to let provinces and companies pick their path to get there."
"This is an exciting moment for our industry in Canada, as there are massive opportunities on the horizon for renewable energy and energy storage."
- Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)
For more information or for interview opportunities, please contact:
Communications
Canadian Renewable Energy Association
647-268-3382
communications@renewablesassociation.ca
About CanREA
The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada's energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada's energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult "Powering Canada's Journey to Net-Zero: CanREA's 2050 Vision." Follow us on Twitter and LinkedIn. Subscribe to our newsletter here. Become a member here. Learn more at renewablesassociation.ca.
