Solar Energy in Ontario

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1 Solar Energy in Ontario Wednesday, November 30, 2011

2 Presentation Outline Introduction to CanSIA Solar Resource in Canada Solar Facts and Background Solar Photovoltaics (PV) Overview Ontario is the Focus Ontario Challenges Going Forward CanSIA Solar Canada 2011 Contact Information

3 Introduction to CanSIA About Us: Trade Association for the Canadian solar industry. Represent over 700 corporate members nationwide. Mission and Strategic Objectives: Strengthen and expand Canadian solar markets. Develop an efficient and professional solar industry with the capacity to provide innovative solar energy solutions.

4 Solar Vision 2025 Our vision is a strong, responsive and diversified solar industry in Canada, which delivers high value energy solutions as Canadian-developed solar products and services achieve market competitiveness on a global scale. Source: Solar Vision 2025: Beyond Market Competitiveness, CanSIA

5 Solar Works in Canada! Germany

6 Solar Works in Ontario! Insert Text Here

7 Solar Power Technologies Capture solar radiation and convert it into electricity. Solar Photovoltaic Rooftop, EDF EN Canada, 2010 Arnprior Solar Project, EDF EN Canada, 2010

8 Solar PV Provides Peak Demand Power Solar PV provides power when Ontario needs it most Source: Solar Vision 2025

9 Solar Cost Considerations PV is price competitive with peak power costs Electricity Cost Source: IESO Data Source: Solar Vision 2025 Cost Solar PV will contribute an additional 70 cents to the typical monthly residential electricity bill each year through 2018 Source: ClearSky Advisors

10 Towards Market Competitiveness

11 Ontarians Support Solar Energy 89% of Ontario citizens support solar energy! Source: Gandalf Group March 2011

12 Economic Benefits to Ontario Investment: $2 billion in private money invested to date Growing to $12.8 billion by 2018 Job Creation: 8,200 jobs created to date Growing to 11,400 in ,000 cumulative jobs by 2018 Source: ClearSky Report: Economic Impacts of the Solar PV Sector in Ontario to 2018

13 Solar PV Incentives and Programs Federal Incentives: Currently no Federal Incentives Accelerated Capital Cost Allowance Class 43.2 Provincial Programs: Provinces and Municipalities exploring solar PV programs (Provinces including NS, SK, BC) (Municipalities including Medicine Hat, Edmonton) Ontario Leading the Solar PV Charge

14 Ontario Leading the Solar PV Charge Ontario Green Energy and Green Economy Act Create 50,000 green economy jobs Phase out Coal by 2014 Long Term Energy Plan (10,700 MW of Renewables by 2018) Ontario Feed in Tariff ( FIT ) Program Launched Oct. 1, year contract terms Local Content Requirement (60% starting in 2011) 2 Year Program Review currently under way (Fall 2011)

15 Canadian Solar PV Overview Source: NRCan, 2011 CanSIA Estimate

16 Canadian Solar PV Overview Source: CanSIA Solar Vision 2025

17 Ontario Challenges Going Forward Ongoing Stability 2 Year FIT Program Review Sending the right signals to the market place Public concern regarding Rate Payer Impact Continuous monitoring and program improvement (e.g. REA process, etc)

18 Ontario Challenges Going Forward Strengthening Solar Manufacturing Sector MicroFIT & FIT Program: Increase to 60% January 2011 Ensuring Demand meets Supply Solar PV is a global industry Need to ensure that Governments are getting value for their investments

19 Ontario Challenges Going Forward Developing Infrastructure Capacity Smart Grid Technology Enabling Distributed Generation Ensuring More Projects Can Get Connected Training and Education Research and development

20 Solar is our Energy Future!

21 CanSIA Solar Conference More Learning More Connecting More Business

22 Contact Details Wes Johnston CanSIA Director of Policy & Research CanSIA, 150 Isabella Street, Suite 605, Ottawa, ON CANADA, K1S 1V7 Tel: Fax: Social Media: Like CanSIA on Facebook, follow us on Twitter and join my network on Linkedin.

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