The electricity abundance and affordability that Canada has enjoyed for decades are ending. Generation is down, exports are now imports, and investment is flat. Canada’s impending electricity shortage is not just an affordability
crisis; it is an economic and security one as well.
Pleased to launch this paper at @ippsaconference today /1
macdonaldlaurier.ca/wp-content/upl…
Three statistics that should shock every Canadian out of our complacency on electricity policy:
1. Electricity generation in Canada peaked in 2017.
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2. Canada is now a net importer of electricity.
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3. The CER expects dispatchable generation to decline by 1.2% by 2030. Growth will be accounted for by intermittent wind and solar.
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I am not an electricity expert. What I care about is material well-being, economic growth and national security, and energy is essential to that.
Our electricity policy is becoming a real problem for our prosperity and security. It is resulting in an impending economic crisis that I expect will become a political crisis. This paper seeks to outline the growing crisis in Canadian electricity production, describe the policy trajectory that contributed to this state of affairs, identify shifts in policy direction that Canadians should advocate for, and understand how to gauge policy improvement, or lack thereof. /5x
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