Hydroelectric energy generation will be a key part of the solution
Ontario Power Generation is looking to the waters of Northern Ontario as they examine potential solutions to a projected energy shortfall in the province over the next several years.
In addition to nuclear, gas, biomass, and solar generation, OPG operates 66 hydroelectric generating stations and 240 water control dams throughout the province. Earlier this year, the publicly-owned electricity generator released the Made in Ontario Northern Hydroelectric Opportunities Report, a document requested by the Ontario Ministry of Energy, which examines the potential for new hydroelectric development in Northern Ontario.
While OPG examines new hydroelectric development, which involves longer timelines, the company will also look to increase capacity through other initiatives, such as upgrading existing infrastructure. This includes adding generation at existing control dams, upgrading existing stations, and redeveloping other generating facilities to maximize their performance for Ontario’s electricity grid.
Another significant benefit of hydro is the opportunity it brings for collaboration with Indigenous communities. In 2022, OPG released its first Reconciliation Action Plan, which outlines goals and tactics that have been put into place to advance reconciliation, including economic empowerment. New hydro development will not take place without Indigenous communities at the helm of these projects, which can bring long-term revenue streams through partnerships.
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