in News Departments > New & Noteworthy
print the content item

Canadian Prime Minister Stephen Harper has announced the Canadian federal government's support for the development of 4,000 MW of renewable energy capacity under its new ecoEnergy Renewable Initiative.

The first component of the initiative, ecoENERGY for Renewable Power, will invest $1.48 billion to boost Canada's supply of clean electricity from renewable sources such as wind, biomass, small hydro and ocean energy. A 10-year incentive program will be established to fund eligible projects to be constructed over the next four years, the representatives say. According to a statement released by the Canadian Wind Energy Association, the initiative will provide eligible wind energy projects with a production incentive payment of C$0.01 per kWh in their first 10 years of operation.

Gary Lunn, the Minister of Natural Resources who joined Harper at the announcement, says the initiative "will help make renewable sources of heat and electricity a more affordable and realistic choice for more Canadians. We expect to add enough clean renewable electricity to power about one million homes."

The second component, ecoENERGY for Renewable Heat, will provide more than $35 million in incentives and industry support to increase the adoption of clean renewable thermal technologies for water and space heating in buildings, such as solar air and hot water heating.


Trachte Inc._id1770
Latest Top Stories

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Renewable NRG_id1934
Canwea_id1984
Future Energy_id2008