The report presents a broad-scope view of more than two dozen studies and scenarios to provide context and support for energy system planning in Atlantic Canada. Key findings include:
Clean energy portfolios are cost competitive with conventional portfolios.
Clean portfolios, based on renewable energy, demonstrate significant greenhouse gas reductions.
The end use and supply side technologies required to create such portfolios are available today.
The financing for clean energy portfolios, for both investor owned and public utilities, can reasonably be expected to be less costly and less risky than for fossil fuel and nuclear projects.
With lower operating costs, lower operating risks, lower environmental compliance risk, lower risks for decommissioning, and greater modularity, clean portfolios are likely to have increasing advantage over conventional resources in attracting capital investment.