The Canadian Electricity Association has issued a news release highlighting a report by the Conference Board of Canada that reviews the state of Canadian electricity infrastructure. This report looks at provincial investment plans in electricity generation, transmission, and distribution and compares them with future electricity demands.
The report indicates that the pace of investment must accelerate to accommodate new generation, market requirements and to replace or update aging infrastructure. The Canadian electricity sector is expected to invest $293.8 billion from 2010 to 2030 to maintain existing assets and meet market growth.
Read the full report: Canada’s Electricity Infrastructure: Building a Case for Investment