The provincial government is developing a new strategy to address key energy challenges now and over the next 10 to 15 years, says Transportation, Infrastructure and Energy Minister Paula Biggar.
"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 Minister Biggar. "The strategy will be comprehensive in scope, and will be integrated with the provincial climate change strategy."
The Prince Edward Island Energy Corporation will be working with Montreal-based Dunsky Energy Consulting in partnership with Power Advisory LLC to develop the strategy. 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.
Minister Biggar said the energy strategy will reflect the priorities of the new government, and will be based on the principles of security of supply, responsibly sourced and fairly priced. She said the strategy will also take into account regional energy considerations. The 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," said Minister Biggar. "The new energy strategy will provide residents and businesses with significant economic and environmental benefits in the years to come."
