Atlantica Urges Regulatory Reform To Bring Greener Power To Atlantic Canada
Sam Macdonald – Huddle Today
Saint John – Atlantica Centre for Energy Senior Policy Consultant Neil Jacobsen says the future of Atlantic Canada’s electricity grid depends on Agile Regulations that match the pace at which renewable energy technologies are being developed in the race to meet Canada’s climate goals.
In an interview with Huddle, Jacobsen stressed the need for a more modernized energy regulatory framework, so the Atlantic Provinces can collaborate to quickly develop and adopt cleaner energy.
To this end, Atlantica released a paper that makes the case for responsive smart grid technology, the adaptation of alternative forms of clean energy, the adaptation of hydrogen as an energy source, petroleum price regulation in Atlantic Canada and small modular reactors.
Jacobsen said regulations need to match Canada’s urgency around reducing greenhouse gas emissions by 40 to 45 percent by 2030, achieving a net-neutral national power grid by 2035 – and the goal of that 50 percent of Canadian vehicle sales being electric by 2030.
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Image Acknowledgement: International Energy Agency (IEA) – https://www.iea.org/reports/renewables-2020