Will be based on principles of security of supply, responsibly sourced, fairly priced
The P.E.I government will be moving forward with developing a new energy strategy, now that a tender has been awarded to an off-Island energy consulting company.
Dunsky Energy Consulting, with offices in Halifax, has conducted a number of similar studies in the Maritime provinces, and the state of Vermont. The study is expected to be completed by the end of June.
The provincial government is developing this new strategy to address key energy challenges now and over the next 10 to 15 years.
“It is of utmost importance that we develop an energy strategy with a focus on sustainability, including approaches to energy efficiency and conservation, renewable energy alternatives and at reasonable prices,” said Energy Minister Paula Biggar.
“The strategy will be comprehensive in scope, and will be integrated with the provincial climate change strategy.”
The energy strategy will be based on the principles of security of supply, responsibly sourced and fairly priced.
Biggar said the strategy would also take into account regional energy considerations. P.E.I.’s current energy strategy expires at the end of February.
“Energy is a key component in the lives of all Islanders, including heat, lights, transportation and business and industrial uses,” the minister said.
“The new energy strategy will provide residents and businesses with significant economic and environmental benefits in the years to come.”
Biggar has said public consultations would be held as part of the energy strategy, expected this spring.
The province's budget for the energy strategy is $150,000.