Investments in wind energy are creating thousands of jobs, driving hundreds of millions of dollars in economic benefits for rural communities and creating a cleaner environment – at prices that are competitive with other new sources of electricity, says the Canadian Wind Energy Association (CanWEA) in response to recent statements about the cost of electricity by Progressive Conservative leader Tim Hudak.
‘Utilities around the world are investing in wind energy because it has already demonstrated it is cost-competitive with a number of technologies and will become even more cost-competitive in the future,’ says Robert Hornung, president of CanWEA.
While it is true that the price of electricity in Ontario is rising, this price increase is the product of several factors, explains Hornung, including the need for investments in new electricity supply and infrastructure to ensure a safe, reliable and more environmentally sustainable electricity system in the province.
‘The recent price hikes we have seen in Ontario have nothing to do with the prices being paid for new wind energy generation under the Green Energy Act, as only a very small number of projects are operating at this time,’ he adds. ‘Transparency, competition and future lower prices are principles our industry can work with, but let's ensure we're all starting with the same facts.’