PEI Clean Energy Project Advances With Gov, First Nations

Natural Resources Canada

February 21, 2025 Summerside, Prince Edward Island Natural Resources Canada

Prince Edward Island is taking bold steps to become Canada's first net-zero province. The Canada-Prince Edward Island Regional Energy and Resource Table (Regional Table), a federal-provincial collaboration launched in 2022, supports this ambitious goal. The Regional Table works through government collaboration with Indigenous Partners and input from regional stakeholders.

Today, Bobby Morrissey, Member of Parliament for Egmont, on behalf of Canada's Minister of Energy and Natural Resources, and the Honourable Gilles Arsenault, PEI's Minister of Environment, Energy and Climate Action, announced the next step in advancing clean energy and resource priorities for Islanders with the release of The Prince Edward Island Regional Energy and Resource Table Framework for Collaboration on the Path to Net Zero (Collaboration Framework).

The Collaboration Framework outlines actionable opportunities to reduce pollution through cost-effective solutions. These initiatives strengthen Prince Edward Island's position as a leader in the clean energy economy by focusing on three key areas:

  1. Clean Electricity and Energy Storage - Scaling up renewable energy production and storage to meet the province's growing demand for clean energy.
  2. Clean Fuels - Accelerating the shift from fossil fuels to renewable energy sources to affordably power homes, businesses and industries.
  3. Clean Technology Innovation - Expanding innovation in technologies that support the transition to a liveable future for everyone.

Working together will help address the need, and the opportunity, for Canada to innovatively strengthen energy security and affordability for Canadians, its like-minded international allies and our partners.

Today's announcement is supported by an additional $2.7 million in federal investments for clean energy and energy efficiency projects in the province including:

  • $1.8 million for the Na'ku'set Park Capacity Building Project;
  • $300,000 for the Maritime Electric Mainland Transmission Connection Study;
  • $307,000 for the Holland College Energy Management Project; and
  • $285,000 for PEI's Home Energy Labelling Project.

These new projects are in addition to recent federal investments in PEI's energy priorities, including funding for more ambitious building standards through the Codes Acceleration Fund, and new funding up to $19 million for Maritime Electric Company's Sustainable Electrification initiative.

As PEI moves toward its ambitious net-zero targets, the Collaboration Framework highlights the importance of fair and collaborative approaches to climate action. By aligning efforts across sectors and with First Nations partners, the province aims to build a greener and more prosperous future for all Islanders.

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