Executives from the Ontario Clean Technology Alliance attended the 2011’s Energy, Utility & Environment Conference in Phoenix to invite environmental technology companies from around the world to participate in the Province of Ontario’s clean technology revolution. The Canadian province offers North America’s most advanced green energy policies, targeted incentives and a generous Feed-in Tariff (FIT) Program to expansion-minded clean technology companies.
The Ontario Power Authority’s FIT Program, modeled after successful programs in Germany and France, features North America’s first comprehensive, guaranteed pricing structure for renewable electricity production, offering stable prices under long-term contracts for solar photovoltaic, on-shore and off-shore wind, biomass, biogas, landfill gas, and waterpower energy.
Early 2011, Ontario launched a $50 million Smart Grid initiative for research, capital, and demonstration projects. A Smart Grid will put in place modern grid infrastructure required to help homeowners monitor and control their energy usage through home automation and allow smart charging of electric vehicles. Ontario’s Smart Grid initiative is open for business to attract companies from around the world offering complimentary technologies.
“Ontario’s Long-Term Energy Plan is on track to eliminate coal by 2014. In 2009 emissions from the electricity sector reached the lowest they have been in 45 years and more than 80% of our generation came from emissions-free sources like wind, water, solar, biogas and nuclear. But there’s more to do, and we’re open for business to help us get the job done,” says an Alliance spokesman.
Ontario is home to 110 head offices of clean technology companies predominantly engaged in development, marketing, and use of their proprietary technology to deliver products or services that reduce or eliminate negative environmental impacts. Sustainable Development Technology Canada projects that by 2015, these Ontario clean technology companies will generate revenues in excess of $1 billion. In addition there are more than 2,800 environmental industry companies in Ontario, generating approximately $7 billion in revenue and employing 65,000 people.
Ontario Clean Technology Alliance
Filed Under: News