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Ontario Solar PV Sector 2008 to 2018

Electricity
 supply 
in 
Ontario 
will
 undergo
 significant
 changes 
over 
the
 next 
20
 years.
 These
 changes 
will
 be driven
 by
 the
 need
 to
 replace
 and/or
 refurbish
 existing
 electricity
 generating
 facilities
 as
 well
 as
 by
 rising electricity 
demand.

  • By 
2030,
 almost
 70% 
of 
required 
electricity 
generation 
will 
need
 to 
come 
from 
new
 or 
refurbished electricity 
generating 
facilities.
  • Despite
 conservation 
efforts,
 demand 
for 
electricity 
is
 expected
 to
 increase
 by 
15%
from 
2010 ‐ 2030.

To
 prepare
 for 
these 
changes, 
the 
province has 
developed
 a 
Long‐Term
 Energy
 Plan
(LTEP) for 
the 
period 
of 2010 
‐
 2030.  
By
 2030,
 the 
LTEP 
calls 
for 
the 
vast
 majority
 of
 electricity 
generation 
in
 Ontario
 to
 come 
from nuclear
 power
 (46%),
 hydro‐electricity
 (20%),
 wind
 (10%),
 and
 natural
 gas
 (7%),
 and
 for
 conservation measures
 to
 reduce demand
 by
 14%.
 The
 solar
 photovoltaic
 (PV) industry
 is
 set
 to
 add
 to
 that
 mix
 an expected 1.5% 
of 
total 
generation 
by
 2030.

"Economic Impacts of the Solar PV Sector in Ontario 2008 - 2018", prepared by ClearSky Advisors, examines
 a
 number
 of
 the
 economic outcomes 
that
 would 
arise 
from 
that 
level
 of
 market
 activity.

Download the full report for an
 analysis
 of:
 (1) 
private
 sector 
investment,
 (2) 
job
 creation,
 and
 (3) cost
 to Ontario 
electricity 
customers.