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| EST. READ TIME 2 MIN.Ottawa’s plan to decarbonize Canada’s electricity by 2035 not feasible and would require equivalent of 23 Site C hydroelectric dams
Implications of Decarbonizing Canada's Electricity Grid
- This essay examines the implications of decarbonizing Canada’s electricity grid by replacing existing fossil fuel-based generation with clean energy sources.
- In 2023, clean energy sources—including hydro, nuclear, and wind—produced 497.6 terawatt hours (TWh) of electricity, accounting for nearly 81% of Canada's total supply, while fossil fuels contributed 117.7 TWh (19.1%). To replace this fossil fuel generation with hydro power alone would require about 23 large projects similar to BC’s Site C or 24 like Newfoundland & Labrador’s Muskrat Falls. Using nuclear power would necessitate building 2.3 facilities equivalent to Ontario’s Bruce Power or 4.3 similar to Darlington Nuclear Generating Station.
- The process of planning and constructing electricity generation facilities in Canada is complex and time-consuming, often marked by delays, regulatory hurdles, and significant cost overruns. For example, the BC Site C project took approximately 43 years from the initial feasibility and planning studies in 1971 to receive environmental certification in 2014, with completion expected in 2025 at a cost of $16 billion.
- Land requirements for new electricity generation facilities are also significant; replacing 117.7 TWh of fossil fuel-based electricity with hydro power, for instance, would need approximately 26,345 square kilometers, nearly half the size of Nova Scotia.
- The slow pace of regulatory approvals, high and rising costs of major energy projects, substantial land requirements, and public opposition to project siting all cast doubt on the feasibility of achieving the necessary clean electricity infrastructure in the coming decade to fully replace fossil fuels in Canada.
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Elmira Aliakbari
Director, Natural Resource Studies, Fraser InstituteElmira Aliakbari is Director of the Centre for Natural Resource Studies at the Fraser Institute. She received a Ph.D. in Economicsfrom the University of Guelph, and M.A. and B.S. degrees in Economics, both from the University of Tehran in Iran. She has studied public policy involving energy and the environment for nearly eight years. Prior to joining the Fraser Institute, Ms. Aliakbari was Director of Research, Energy, Ecology and Prosperity with the Frontier Center for Public Policy. She has presented her work at many academic conferences and has been published in the prestigious academic journal Energy Economics. Ms. Aliakbari’s research has been discussed in prominent media outlets including the Wall Street Journal, and her commentaries have appeared in major Canadian and American newspapers such as the Globe and Mail, Washington Times, National Post, and Financial Post.… Read more Read Less… -
Jock Finlayson
Senior Fellow, Fraser InstituteJock Finlayson is a senior fellow of the Fraser Institute. He was the long-serving Executive Vice President and Chief PolicyOfficer for the Business Council of British Columbia, one of the country’s most influential business associations. In that capacity, he directed the Council's work on economic, fiscal, tax, environmental, regulatory, and human capital issues of interest to the province’s business community. Mr. Finlayson previously worked with the Business Council of Canada and two Canadian consulting firms. He holds a master's degree in business from Yale University, undergraduate and MA degrees from UBC, and a post-graduate diploma in economics from the University of London. He received an honorary doctorate from Royal Roads University in 2014. He is the author or co-author of two books and more than 50 published articles, book chapters, and monographs. He is a frequent commentator on economic, business, and public policy issues. His articles have appeared in such newspapers as Business in Vancouver, the Vancouver Sun, the Globe and Mail, and the National Post. Mr. Finlayson served on the Board of Directors of the Bank of Canada from 2007 to 2013.… Read more Read Less…
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