Economic recovery plans in both Canada and the U.S. are rooted in the understanding that clean energy will serve as a key driver for growth and the movement towards a stronger, more sustainable economic future.
The Canadian Electricity Association (CEA) has identified three ways to help move the integrated electricity market toward a more sustainable energy economy in North America.
For this transformation to occur, the integrated North American electricity system must play a central role.
The CEA offers up specific recommendations for policymakers in Canada and the U.S. to consider:
- Coordinate research and development efforts to maximize the prospects for developing breakthrough technologies in advanced clean energy projects.
- Support existing initiatives that are proven to deliver emission reductions and which help enable intermittent renewable technologies.
- Ensure that any emissions trading system incorporating the electricity sector recognizes the integrated nature of the North American electricity market and encourages the continued two-way flow in cross-border electricity trade.