The Ontario Waterpower Association (OWA) has a significant amount of resources available to the public. If you do not find what you are looking for on our website, please contact email@example.com for more information.
Socio-Economic Impacts of Annual Capital Investments in Ontario’s Existing Waterpower Facilities
In 2021, an OWA survey of its generator members forecasted that investment in existing waterpower facilities over the next five years (2021-2025) will top $2.4 billion dollars and contribution to the Consolidated Revenue Fund (CRF) will top $600 million dollars. Additionally, the report concluded that the investments could create up to 5,000 jobs annually.
Economic modeling demonstrates that these investments are an important part of the Province of Ontario’s economy.
Evaluation and Assessment of Ontario’s Waterpower Potential
There remains a perception that ‘there are no waterpower opportunities’ remaining in the province of Ontario. Such statements are not accurate. In fact, this 2005 report, prepared by Hatch, identified 2000 potential waterpower sites.