Natural Resources committee  There are two things: present and future. In the present, the reason that interties between Ontario and Quebec don't need any additional work at the moment is that there's so much power on both sides that they can't get rid of. Why spend money? We have too much power and we can't

Natural Resources committee  In general, the idea of distributed energy resources is to keep energy local—I think you mentioned that—which basically would argue against building the infrastructure between provinces, because you're trying to get the solutions together. What distributed energy resources are g

Natural Resources committee  One of the big challenges with the renewables and Canada is that winters are cold and dark, and the solar thing is just not built to work in northern climates. This is one of the reasons I suggest that the northeastern U.S. has fewer options to electrify and that the benefit of h

Natural Resources committee  The smart part has to do with actually doing the analysis related to the engineering implementation, looking at the costs, looking at the demand, and optimizing the system. The hard part of smart is playing those three assets I talked about in conjunction with one another. There

Natural Resources committee  If you wear the lens of today, we don't need any more. If you wear the lens of tomorrow, it depends if you believe there's going to be a lot more electricity required. I believe that. Depending on where you build the new supply, it affects whether you need to build interties. If

Natural Resources committee  The last time Quebec and Ontario got together to build an intertie, which was about eight years ago, I think it was $3.5 billion to $4 billion to put those things in place. That's the equivalent of two nuclear plants, 1.2 gigawatts of capacity.

Natural Resources committee  Can I add one clarification to that? One of the reasons is that the fixed cost of gas plants in the United States is paid for outside the market. Similarly in Ontario, we have fixed costs being paid for outside of the market under contract, and then the only thing that's traded i

Natural Resources committee  I'm not qualified to talk about NAFTA. There is a negotiation, though, on the subject of interties and electricity exchange that I imagine has to take place because the U.S. will have needs. They will need stuff from Canada, and there will need to be a mechanism. New England has

Natural Resources committee  Personally, I hope that the NAFTA negotiation team is considering this as a topic, and that the right experts are doing the right thing.

Natural Resources committee  I have done the analysis for Ontario. I can say that to get to the 2030 targets, we must consider the electrification of transport, which includes the trucking system, the rail systems, electric vehicles, hydrogen-powered options, and all sorts of stuff like that; as well as wint

Natural Resources committee  The reason that price has dropped is all about the price of natural gas and the price of fossil fuel. The markets in North America—and this might be something that Canada might want to dig into—are not set up to make clean, renewable, nuclear, fixed-cost assets competitive in the

Natural Resources committee  Thank you, Mr. Maloney. I was told to give a brief write-up of what I'm going to say. I don't know if it's been distributed or not. I've entitled it “Enhancing Canada's Energy Endowments with Interties: A National Competitive Advantage in a Decarbonizing World”. I'm going to gi

Natural Resources committee  Shall I roll on?

Natural Resources committee  On the overview, in making investment decisions on interties, the main consideration is whether electricity will flow through those interties and how much of the intertie capacity will get used. It's essentially a demand-and-supply question. In the context of this committee, th