cover image: ZERO 3 C

20.500.12592/rn8pqz3

ZERO 3 C

4 Nov 2023

Strategic support for Indigenous-led and community-led generation: $4.8 billion over !ve years for investment in clean electricity projects and programs targeted to bene#t Indigenous, low-income, and vulnerable communities. [...] We applaud the requirement placed on access to the Clean Electricity ITC in Budget 2023 that federal funding be used to lower electricity bills and a commitment to achieving a net- zero electricity sector by 2035 in each province and territory. [...] In developing the delivery mechanisms for the Clean Electricity ITC, how funding under the Clean Electricity Focus be delivered by the CIB and through the SREP, in addition to funding streams added in Budget 2024 we recommend that funding delivered be commensurate to provinces committing to making systematic improvements to their electricity systems. [...] !e federal government can facilitate follow through by making some of this funding available to support commissioning independent pathways assessments for decarbonisation of provincial electricity systems, consulting on and producing provincial energy plans, and improving the capacity and resources for regulators to mandate sustainability within utility regulations. [...] $150 million over !ve years to enhance strategic regional cooperation and provide additional research and planning capacity to support projects and analyses of interregional transmission to ensure reliability, e$ciency and a"ordability for the grid of the future.
Pages
4
Published in
Canada