Earlier this week, the Financial Post ran a response from Solar Power Network CEO Peter Goodman to an earlier article on Ontario’s energy plan.
It’s about coal
Re: “McGuinty’s legacy,” Parker Gallant, Jan. 18
Parker Gallant criticizes the energy policies of the past 10 years on the basis that, for all the associated costs, they failed to actually increase Ontario’s total electricity generation capacity. These expenditures, however, were never intended to buy increased capacity. The part of Ontario’s power plan all political parties support is that we need to correct our supply mix, by getting out of coal.
Eliminating coal has been recommended by engineering economists of all stripes, from China to Germany, due to health and ancillary costs to taxpayers.
This province has been chronically oversupplied with electricity at night and in the winter when demand is low, but undersupplied on summer days when demand peaks. The twin initiatives of eliminating coal-fired generation while embracing the peaking technology of solar represent a solid step towards bringing our supply portfolio in line with our consumption needs without further increasing our oversupply during times of low-demand. This is not just an effective way to optimize energy capacity, but a solid investment in Ontario’s economic future.
Peter Goodman, chief executive, Solar Power Network, Toronto