Marc
Brouillette,
Principal
Consultant,
Strategic
Policy
Economics
ABSTRACT
Research
conducted
in
2016
examined
the
Ontario
specific
challenges
of
meeting
emission
reduction
objectives
and
optimizing
carbon
pricing
under
Ontario’s
Cap
and
Trade
system
for
the
purpose
of
informing
Ontario’s
Long-Term
Energy
Plan
(LTEP).
Over forty carbon reducing technologies were evaluated for their emission reduction potential in Ontario, the impact on the need for electrification, and the costs to implement them.
A survey of stakeholder perspectives on possible emission reduction technologies and alternative energy supply options revealed that meeting Ontario’s 2030 emission targets will require 60% more electricity and add over $27B/year to the cost of using energy.
In this lecture, Marc will discuss four paradigm shifts that were formulated to reimagine an integrated energy system dramatically different from the assumptions in Ontario’s initial LTEP planning process and that may deliver electricity at half the expected incremental cost.
The
economic
implications
of
the
paradigm
shifts
could
reduce
the
projected
$27B
per
year
cost
to
less
than
$3B
per
year
and
make
Ontario
an
economic
winner
by
developing
global
leadership
positions
in
the
Ontario
specific
solutions
for
combatting
climate
change.
BIOGRAPHY
Marc
Brouillette has
been
advising
provincial
and
federal
government
ministries,
agencies,
and
crown
corporations
for
over
20
years
on
issues
in
the
aerospace,
energy,
and
gaming
sectors.
He
specializes
in
matters
that
involve
technology
based
public-private
initiatives
in
policy
driven
regulated
environments.
Marc has recently conducted several detailed analyses on Ontario’s electricity sector and climate policies.