1 ADVANCING A ZERO! EMISSIONS ELECTRICITY GRID BASED ON RENEWABLES

20.500.12592/2sjv84

1 ADVANCING A ZERO! EMISSIONS ELECTRICITY GRID BASED ON RENEWABLES

3 Oct 2022

Only with bold and strategic investments will we be able to successfully and equitably decarbonize the electricity sector and realize the bene!ts of clean electri!cation across Canada. [...] Photo: Zbynek Burival RECOMMENDATIONS FOR BUDGET 2023 Low-income and vulnerable people—including remote and Indigenous communities— must have a#ordable and equitable energy access as Canada transitions to a clean electricity grid. [...] "e federal government can play a speci!c and vital role in supporting clean electricity generation through the following investments and commitments in Budget 2023: Total Recommended Investment: $17.8 billion over five years, plus $3.1 billion over five years for investment and personal tax credits Electricity sector transformation: 1. [...] $4.8 billion over !ve years for investment in clean electricity projects and programs targeted to bene!t Indigenous nations, low-income, and vulnerable communities. [...] $5 million over !ve years to fund an independent centre of excellence in clean electricity governance to support best practices in utility regulation, electricity market design, and land-use planning with a view to accelerate the deployment of grid-scale and distributed renewable energy in support of a#ordable, reliable and 100% clean electricity by 2035.
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Canada