By Press Release North Bay Nugget
Friday’s announcement from the Energy Minister to create a Clean Energy Institute simply amounts to an admission Ontario will continue to create expensive surplus power, Nipissing MPP Vic Fedeli said today.
The Minister highlighted the need to look for methods of storage for that surplus electricity. The Auditor General’s most recent report shows Ontario lost $1.8 billion selling our surplus power to Quebec and the United States over the past six years.
“Our solution, as announced in our PC Energy White Paper, is to look to storage for the surplus wind power that we’re sadly locked into paying for over the next 20 years thanks to this government’s FIT contracts,” said Fedeli.
“While we appreciate the Minister finally talking about storage, it’s also an admission the government plans to continue to develop surplus wind power, which will increase Ontario’s hydro rates,” added Fedeli. Read article