Cutting power use called key to savings in Ontario
Ontario could cut its peak demand for power almost in half by 2020 — by 12,500 megawatts — with an investment of $18.2 billion, says the study by the Pembina Institute and the Canadian Environmental Law Association.
While that's expensive, the institute says the cost of building generators is even higher. New-design nuclear generators to supply that much power would cost $32 billion, the study says.
The study is an interim version with the final study due by this summer. The interim study is being released now because the Ontario government plans an energy policy announcement this week, Mark Winfield of the Pembina Institute said in an interview. The institute is an Alberta-based environment and energy research organization.
Related News
India is now the world’s third-largest electricity producer
NEW DELHI - India now generates around 1,160.1 billion units of electricity in financial year 2017, up 4.72% from the previous year. The country is behind only China which produced 6,015 terrawatt hours (TWh. 1 TW = 1,000,000 megawatts) and the US (4,327 TWh), and is ahead of Russia, Japan, Germany, and Canada.
India’s electricity production grew 34% over seven years to 2017, and the country now produces more energy than Japan and Russia, which had 27% and 8.77% more electricity generation capacity installed, respectively, than India seven years ago.
India produced 1,160.10 billion units (BU) of electricity–one…
