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ARTICLE · 05 DECEMBER 2013

"Achieving Balance" Ontario's Long-Term Energy Plan 2013

Borden Ladner Gervais LLP
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After extensive public and stakeholder consultation, the Ministry of Energy released its much anticipated Long-Term Energy Plan entitled "Achieving Balance".

CanadaEnergy and Natural Resources

After extensive public and stakeholder consultation, the Ministry of Energy released its much anticipated Long-Term Energy Plan entitled "Achieving Balance" (LTEP). The LTEP is shaped by five principles: cost-effectiveness, reliability, clean energy, community engagement, and an emphasis on conservation and demand management. An Ontario Energy Report will be issued annually to provide the public will an update on changes in supply and demand and on progress in implementation of the LTEP. Highlights of the LTEP include the following:

COST REDUCTION

The Ministry has made cost-reduction a priority. The 2013 LTEP cost and price forecasts are lower than previously forecasted in the 2010 Long-Term Energy Plan:

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