Ministry of Energy and Electrification Releases Vision for Ontario's Energy Future
October 24, 2024
According to the IESO’s latest forecasts, electricity demand in Ontario is anticipated to grow 75 per cent by 2050, higher than previously forecast. Earlier this week, the Minister of Energy and Electrification released a vision for ensuring Ontario can meet its future energy needs.
The vision document reinforces the importance of several IESO initiatives underway to meet the growing needs of the province, such as the competitive procurement of new electricity generation and expanding energy efficiency programs that will help keep electricity affordable for all Ontarians.
The IESO will continue to work alongside sector stakeholders, municipalities and Indigenous communities as we build out the electricity system and ensure it remains reliable, affordable and sustainable.
The full vision document is available on the Ministry’s website.