NEB Releases its Economics of Solar Power in Canada Report
November 28, 2018 Insights
The National Energy Board (NEB) has just completed their summary of “The Economics of Solar Power in Canada (ESPC)”. This report studies the financial viability of typical solar power projects in over 20 000 Canadian communities. ESPC does this by estimating the amount and cost of electricity these projects might generate. It then compares these costs to local electricity prices to understand whether it makes financial sense to install solar. Four types of solar projects were considered: residential, commercial, community, and utility-scale.
The summary is an interesting read, but if you’re strapped for time, I’ll summarize: its data proves that it’s cheaper to build a solar system and consume the power locally than to purchase power from a Local Distribution Company (LDC). Exciting news for both Skyline Energy and the Skyline Clean Energy Fund.
Rob Stein
President, Skyline Energy
Article Link: The Economics of Solar Power in Canada (ESPC)
More from this category:
Wondering How The Skyline Clean Energy Fund Works? Watch This Short Video.
Watch this animated video to learn more about: What types of clean energy assets (and their contracts) the Skyline Energy team adds to the SCEF portfolio How the Skyline Energy team maintains the assets How SCEF is positioned to grow amidst the changing clean energy landscape
Skyline Energy Explains: What Materials Can Create Biogas?
The Skyline Energy team explains the different types of organic material that can go into a digester to create biogas, and how this ultimately contributes to less dependency on fossil fuels for energy production.
