Ontario Allocates $2 Billion for Northern Ontario Hydroelectric Expansion
The Ontario government has announced a $2 billion investment aimed at refurbishing and expanding hydroelectric generating stations across Northern Ontario. This initiative is expected to secure up to 830 megawatts (MW) of clean electricity, sufficient to power approximately 830,000 homes.
The project will involve several hydroelectric stations, including Otter Rapids, Kipling, Aguasabon, Abitibi Canyon, Manitou Falls, Cameron Falls, Ear Falls, and Alexander. The investment is projected to create over 1,000 jobs in the region.
According to Stephen Lecce, Minister of Energy and Electrification, the investment will enhance the capacity of these historically significant hydroelectric stations. The Ontario Independent Electricity System Operator has forecasted an 81% increase in electricity demand by 2050, highlighting the need for expanded clean energy resources.
This development is part of a broader strategy to address the rising electricity demand and support economic growth in Northern Ontario.