Energy Strategies - Prince Edward Island
Ministry of Energy
Prince Edward Island Overview
The Prince Edward Island Energy Strategy and Prince Edward Island and Climate Change: A Strategy for Reducing the Impact of Global Warming were released in 2008, part of three-volume provincial “policy series.” Together with Island Wind Energy: Securing Our Future: The 10 Point Plan, which elaborates on the strategy’s stated goal of 500 MW of wind power by 2013, these documents outline the province’s energy targets into 2025. Consistent with provincial energy strategies emphasizing the financial benefits to progressive energy use, the documents outline benefits including increased energy security and the community trusts that would distribute revenues from wind farms.
As a jurisdiction that imports most of its electricity (90 per cent from New Brunswick), PEI’s emphasis on wind power and an increasing biomass supply (50 percent increase in leading to 10 MW of new electrical generation capacity) provides the province with a path to reduce its reliance on imported energy. Energy efficiency measures coordinated by The Office of Energy Efficiency (OEE), including direct incentives, loan programs, grants and rebates, would support this diversification with energy reductions in construction, transportation and government consumption. Demonstrating the importance of energy efficiency to PEI’s overall energy strategy, these efficiency measures are featured in both its energy strategy and climate change documents.
The Prince Edward Island Strategy includes three objectives that guide the province’s actions on energy. These objectives, in turn, correspond to common themes found throughout Canada’s other provincial and territorial energy strategies.
- Energy Security (Greater Self Sufficiency, Improved Price Stability, Diversity of Supply)
- Environmental Sustainability (Increased Energy Efficiency and Reduced Consumption, Renewable Energy Development, Reduced GHG Emissions and Other Pollutants)
- Economic Development (Support Growth of Local Industries and New Job Opportunities, Research, Development & Demonstration of New Technologies, Strengthen and Diversify Local Economy)