The fifth edition of the World Forum on Energy Regulation was held in Québec City from May 14 to 16, under the theme “Striking a Balance in the Midst of Change.” Clément Gignac, Minister of Natural Resources and Wildlife and Minister responsible for the Northern Plan, took part in the event and seized the opportunity to highlight Québec’s important role in renewable energy. Each edition of the annual World Forum on Energy Regulation draws over 1,000 participants from about a hundred countries.
Hydroelectricity: clean, competitive energy
Thanks to hydroelectricity, Québec has access to a clean, renewable, competitive form of energy that contributes effectively to the combat against climate change. “Since 2001, over 30 million tonnes of greenhouse gas emissions have been avoided in North America thanks to Québec hydroelectricity exports to the United States,” said Clément Gignac. Over the next ten years, the government plans to invest $25 billion to boost Québec’s hydropower production capacity by 4,500 megawatts.
Plan Nord consolidates Québec’s position
Minister Gignac also described the main features of the Plan Nord (Northern Plan), which is expected to attract at least $80 billion in investments, create more than 20,000 jobs per year and generate $14 billion in revenue for the government and Québec society. The Plan Nord also consolidates Québec’s position as a global leader in the field of clean, renewable energy.
The fifth World Forum on Energy Regulation was an opportunity for leading regulation experts, decision-makers and energy-sector stakeholders to share their expertise.
2012 World Forum on Energy Regulation