At POW, we believe in transitioning to a clean, renewable energy economy to reduce––and eventually eliminate our reliance on fossil fuels.
THE POLICY DETAILS
Renewable energy is generated from sources that naturally replenish themselves and never run out such as wind, rain, sunlight. There are many policies that support the expansion of the renewable energy industry, including financial investments for solar projects, setting renewable portfolio standards (how much electricity must come from renewable resources) and creating successful clean energy cash-back programs such as net metering (allowing solar customers to sell excess energy back to the grid).
THE FUTURE IS HERE: It might seem like a renewable energy future is a far way off, but the truth is that clean energy and renewables are already outcompeting fossil fuels.
By 2035, it will be more expensive to run 90 percent natural-gas-fired power plants than to build wind and solar farms with storage systems.
In 2018, Canada generated 426,000 gigawatt hours of electricity from renewables. That’s 66.2% of our total power, and by 2023 71% of our electricity is expected to come from renewables. In the next two years, Alberta and Saskatchewan will lead Canada with the fastest growth in renewable energy capacity as new wind and solar projects replace coal-fired electricity.
We also know that this future hinges on a combination of technology, policy and cultural adoption that must go hand in hand to achieve a truly renewable energy future. We’ll continue to push for all of the above.