Summer Recharge: 2050: The Future of Energy with the Ontario Energy Association

In order to achieve Canada’s goal of being net zero by 2050, the future of energy will need to look a lot different than it does today. Vince Brescia, President and CEO of the Ontario Energy Association shared how controlling our emissions is a large part of the process, taking into account affordability and reliability of the energy supply, and six recommendations outlined by the Ontario Energy Association in a recent report. Relive this episode as part of thinkenergy’s Summer Recharge!

Related links

• Vince Brescia, LinkedIn: https://www.linkedin.com/in/vincebrescia/
• Ontario Energy Association, LinkedIn: https://www.linkedin.com/company/ontario-energy-association
• https://energyontario.ca/

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Transcript

Dan Seguin 00:06

This is thinkenergy. The podcast that helps you better understand the fast changing world of energy through conversations with game changers, industry leaders, and influencers. So join me, Dan Seguin, and my co host Rebecca Schwartz, as we explore both traditional and unconventional facets of the energy industry. Hey everyone, welcome to the summer rewind edition of the thinkenergy podcast. While we recharge our batteries during these lazy hazy days of summer, we're bringing back some blasts from our podcast past. We'll be reintroducing some of our most popular interviews that garnered a lot of attention and interest. There's been a lot of talk about the future electrification of energy on the path to net zero. The episodes we've selected are very future focused with themes around Green Innovation, renewable energy, and our impact on the environment. So I hope you enjoy the summer rewind edition of today's episode. In the meantime, have a happy summer. And we'll be back on August 15. To kick off another exciting season. Cheers.

Dan Seguin 00:02

Hey, everyone, I'm Dan Seguin.

Rebecca Schwartz 00:04

And I'm Rebecca Schwartz, both from Hydro Ottawa.

Dan Seguin 00:07

And we'll be hosting the ThinkEnergy podcast. So are you looking to better understand the fast changing world of energy? Every two weeks, Rebecca and I will be taking you on a tour and discuss some of the coolest trends, emerging technologies, and latest innovations within the energy sector

Rebecca Schwartz 00:26

We'll be engaging in great conversations with game changers, thought leaders and industry leaders who welcome the opportunity to share their expertise and views with you, our listeners.

Dan Seguin 00:37

So stay tuned as we explore some traditional and some quirky facets of this industry.

Rebecca Schwartz 00:43

This is the ThinkEnergy podcast.

Dan Seguin 00:50

Hey, everyone, welcome back. This is the ThinkEnergy podcast and I'm Dan Seguin.

Rebecca Schwartz 00:55

And I'm Rebecca Schwartz. In November 2020, the Government of Canada introduced a bill setting the stage to achieve net zero greenhouse gas emissions by 2050. Dan, how old will you be in 2050?

Dan Seguin 01:08

I don't know, Rebecca, you have to ask me then, when I wake up from my cryogenically frozen state along with Walt Disney, that's the plan.

Rebecca Schwartz 01:17

Okay, good to know

Dan Seguin 01:19

When you try and wrap your head around what it will take to get Canada to net zero by 2050, do you wonder what kind of energy transformation that will entail?

Rebecca Schwartz 01:30

I'm still thinking about what you said about being cryogenically frozen. But yes, I think it's going to be a massive undertaking and necessary one. Ontario currently produces 163 megatons of greenhouse gas emissions. And 76% of that is from emissions stemming from energy use.

Dan Seguin 01:51

Right. But when we talk about energy, we're not talking about electricity. We're talking about refined petroleum, primarily used for transportation and natural gas to heat our homes and buildings.

Rebecca Schwartz 02:05

That's right. Those two sectors, transportation and buildings make up 76% of the provinces greenhouse gas emissions, however, the electricity sector makes up only 16%. So here's today's big question. What are the keys to net zero success?

D...