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Canada

Canada

Calls to double Canada's wind power production incentive

Canada's wind power production incentive (WPPI) should be more than doubled to allow wind to effectively compete with other generation technologies and with investment opportunities south of the border, says an alliance of oil companies, utilities, environmental groups and municipalities. Right now, the average after tax value of the WPPI is C$0.006/

kWh, argues the Clean Air Renewable Energy Coalition (CARE), which includes such corporate heavyweights as Suncor Energy, Shell Canada and BC Hydro. The figure is far below the cost premium for wind energy production in Canada and nowhere near the value of the US production tax credit, which is worth about C$0.027/kWh. "The federal, provincial and territorial governments should expand the WPPI to better reflect the necessary incentive and to harmonise with the US wind energy production tax credit," says CARE. It also recommends governments encourage the development or renewable energy by introducing renewables portfolio standards in provincial electricity markets, offering rebates to consumers who buy premium priced green power, including renewable energy offsets in any greenhouse gas emissions trading regime and sponsoring a wind mapping initiative to determine the best resources across Canada.

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