Another Handout For The Ontario Ford Government’s Giant Energy Company Friends

We need to prioritize consumers, not energy companies

News from the Ontario Clean Air Alliance, a not-for-profit citizens group dedicated to fighting for a cleaner, greener environment

Posted February 3rd, 2025 on Niagara At Large

Earlier this January, the Ontario government announced a whopping $285 million handout to TC Energy for pre-development work for its proposed pumped storage facility on the Niagara Escarpment near Meaford, Ontario – a project that would cost electricity consumers $4-7 billion.

We support expanding storage options, but even the Independent Electricity System Operator says it’s not the best option. In fact, they say it  doesn’t compare favorably to alternatives like battery storage and won’t provide net benefits to Ontario’s electricity system or ratepayers.

A much better way to spend almost $300 million would be to  expand our east-west transmission connections with Quebec [https://ceepr.mit.edu/workingpaper/two-way-trade-in-green-electrons-deep-decarbonization-of-the-northeastern-u-s-and-the-role-of-canadian-hydropower/].

This would allow the province to tap into Quebec’s massive hydro-electric reservoir system, storing variable wind and solar energy at a significantly lower cost –  70-80% lower than what TC Energy is proposing [https://www.cleanairalliance.org/wp-content/uploads/2025/01/Meaford-Pumped-Storage-July-2024.pdf].

When Ontario has power to spare, we can supply electricity to Quebec and their reservoirs can hold back water normally used to generate power. When Ontario needs power, Quebec releases that stored water and produces power to export back to Ontario.  Simple, elegant and far more cost effective than building a giant new storage facility that serves only TC Energy’s interests.

It’s time for the Ontario government to prioritize consumers over large energy companies. The Ford government’s massive handout to TC Energy is just  the latest stop on the gravy train [https://www.cleanairalliance.org/ontarios-nuclear-pipe-dream/].

Please  contact Ontario Energy Minister Stephen Lecce [https://www.cleanairalliance.org/tc/] and ask him why he is taking money out of the pockets of Ontario’s hard-working families to subsidize a giant energy company with assets totalling $125 billion.

  • Thank you, Angela Bischoff, Director, Ontario Clean Air Alliance

For more information from and about the Ontario Clean Air Alliance, click on – https://www.cleanairalliance.org/about/

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