Tuesday, October 24, 2017 2:30 pm
-
3:30 pm
EDT (GMT -04:00)
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.