The Province of Ontario released a new growth plan for Ontario’s electrical grid.
The plan notes the conversion of steelmaking in Hamilton to electric arc furnaces will increase electrical power demand.
“As Ontario continues to secure massive investments, electricity demand from our industrial sector will continue to rise. Taken together, the forecast increased electricity demand from Umicore, Stellantis,Volkswagen and the electric arc furnace at Algoma and Dofasco are equivalent to the annual electricity consumption of the Ottawa Region,” reads page 36 of the Report.
Ontario expects power demand to more than double by 2050. The provincial government already announced plans to expand nuclear generation.
Production Details v. 1.0.0 Published: July 10, 2023 Last edited: July 10, 2023 Author: Joey Coleman Edit Record v. 1.0.0 original version