Integrating Sustainable Energy Technologies in the Canadian Energy Portfolio

Abstract

The structure of the energy industry and the planning of electrical networks are experiencing rapid changes under the combined action of social, technicoeconomical, environmental and trade pressures. Given the widening diversity of competing (demand and supply) options being offered to consumers, energy policy makers must establish a fair and consistent technico-economic methodology to compare the sustainability and natural synergies of energy options. Such an approach towards energy issues should allow renewable energies, energy efficiency and storage technologies to build strong alliances with information technology and take a major place in the long-term energy portfolio of societies. With examples of recent projects involving significant penetration of wind energy in electrical grids in Canada and abroad, the author presents the rationale for technico-economic comparison indicators that canadian policy makers need to take into account so as to bring the full advantage and value of promising renewable energy technologies to the canadian energy market. The merits of expanding the pace of the current Canadian GHG reduction program by granting all provinces, irrespective of their electricity market structure or generation mix, an equal opportunity to invest in RE projects contributing to the national goal are presented. In this regard, the limitations of the prevailing accounting rules found in the Canadian GHG reduction program are analysed and corrections are proposed.