Westario Power Inc. and Bruce Power are teaming up to explore opportunities to deliver projects focused on removing and offsetting carbon emissions.
The two companies recently signed a Memorandum of Understanding which could pay dividends for residents of Grey, Bruce and Huron counties.
It would also include potential incentives to encourage the adoption of electric vehicles, which would lower carbon emissions and help Canada reach its Net Zero 2050 target.
Earlier this year, Bruce Power announced a carbon offset program that will fund grassroots net zero initiatives that will both remove and offset carbon emissions. The initiative is part of the company's commitment to produce net zero emissions from its site by 2027, while also playing a lead role in enabling a Net Zero Canada by 2050.
"We're excited to be collaborating with Westario and look forward to a partnership that expands clean energy use and involves residents and visitors coming to Grey, Bruce and Huron counties; the Clean Energy Frontier," says Mike Rencheck, President and CEO of Bruce Power.
Jenny Alfandary, President and CEO of Westario Power, says she is confident that the partnership can achieve transformative results for our community.
"This partnership is a tangible sign of Westario Power's focus on investing in community prosperity through innovation," Alfandry says. "We power people's lives and collaborating with Bruce Power to adapt to our changing world will help enhance the vitality of the communities that we proudly serve."