Launched in May 2023, the Canada Electricity Advisory Council was given a one-year mandate to map out recommendations to meet our clean electricity goals by 2050.
Nukik Corporation participated in the consultation process and was pleased to see several of its comments and recommendations echoed in the Council's final report released on June 10th.
Specifically:
- Recommendation 18: Optimizing Investment Tax credits (ITCs) and "consider increasing the Clean Electricity ITC from 15 to 50% for electricity transmission projects connecting Canadian provinces or territories, contingent on the conclusion of a framework to support inter-jurisdictional transmission projects, in recognition of the significant challenges of pace and scale".
- Recommendation 19: Construct a framework to support inter-regional electricity transmission projects.
- Recommendations 20 and 21 on Support for Indigenous, Northern and Remote Communities.
Seeing our nation-building project, the Kivalliq Hydro-Fibre Link mentioned in this Report is further evidence of its importance in the overall national energy transition discussion.
Kivalliq Hydro-Fibre Link
The Kivalliq Hydro-Fibre Link is a 150 MW transmission project led by the Inuit-owned Nukik Corporation to reduce emissions and environmental risks from diesel spills and spur future socio-economic benefits. Spanning 1,200 km from Manitoba to the Kivalliq region of Nunavut, the proposed project aims to benefit 5 diesel-dependent communities by providing clean power and reliable internet access, while supporting mining operations and other economic activities.
The federal government has an array of programs and policies in place to support Northern and remote regions, including various funding programs to shift communities from reliance on diesel fuel and to enable Northern-focused energy research. But Northern communities require more innovative and tailored approaches and investments. There is a risk that more remote regions could be left behind compared to areas closer to transmission.
"Too often federal policy and regulations are developed on a one-size-fits-all model. As such, remote, isolated northern communities are too often simply excluded or exempted from net-zero energy planning." Nukik Corporation
"We are encouraged to see the Council's experts agree and echo many of our own findings and recommendations pertaining to Northern project development", noted Anne-Raphaelle Audouin - CEO for Nukik Corporation. "Major multi-purpose infrastructure projects, such as the Kivalliq Hydro-Fibre Link, can not only decarbonize Nunavut, but also bring connectivity and bolster access to critical services. However, different approaches and funding models are required to help these priority Northern projects advance. We look forward to seeing the Federal Government implementing these recommendations and recognize the true potential and value of the North, including natural resources, Arctic security and projected demographic growth".
For more information, visit www.nukik.ca
