Renewable Portfolio Standard (New Brunswick, Canada)
Last modified on February 12, 2015.
|Applies to States or Provinces||New Brunswick|
|Name||Renewable Portfolio Standard (New Brunswick, Canada)|
|Policy Category||Other Policy|
|Policy Type||Renewables Portfolio Standards and Goals|
|Affected Technologies||Biomass/Biogas, Concentrating Solar Power, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy|
|Program Administrator||New Brunswick Energy and Mines|
NB Power currently sources 28 percent of its in-province electricity demand from wind, biomass and hydro resources. The Province will increase its commitment to pursue renewable energy by creating a new Renewable Portfolio Standard (RPS) requiring NB Power to ensure that, by 2020, 40 percent of its in-province electricity sales are provided from renewable energy. Renewable energy imports, including large-scale hydro from Quebec or Newfoundland and Labrador, will be eligible to meet the new Renewable Portfolio Standard, subject to certain conditions.
Once the Point Lepreau Nuclear Generating Station is back online in 2012, another 35 percent of the provincial electricity supply will come from non-emitting nuclear energy. Therefore by 2020, 75 percent of New Brunswick’s electricity demand will be met by non-emitting or renewable sources.
|Department||New Brunswick Energy and Mines|
|Address 2||1 Germain Street, Suite M100|
|Place||Saint John, New Brunswick|
|Zip/Postal Code||E2L 4V1|