This report examines how scaling back Ontario’s plans to develop renewable energy would affect electricity prices, using an integrated energy system simulator to compare two main scenarios.
The first scenario is based on Ontario’s current Long-Term Energy Plan, in which a large part of new electricity generation comes from additional renewable capacity supported under the Green Energy Act; the second scenario tests the effect of eliminating the Act and largely expanding natural gas in place of future renewable resources.
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May 13, 2024
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