Consumption is dropping faster than at any previous time and the province is ahead of the conservation target it set three years ago, Peter Love, chief energy conservation officer with the Ontario Power Authority, said in an interview.
From 2005 to 2007, Ontario's total consumption fell by 2.6 per cent to 150,8906 gigawatt hours, and the average for each person dropped by 4.6 per cent to 11,725 kilowatt hours. Both figures are adjusted for changes in the weather.
In addition, last year's weather-adjusted peak demand – the highest recorded use of electricity, a hot day when air conditioners were cranked up – was 24,820 megawatts, which was 1,462 megawatts below the amount forecast a couple of years ago by the Independent Electricity System Operator, the provincial agency that controls the flow of electricity.
That beat Queen's Park's first-stage goal – a reduction of 1,350 megawatts – for the first three years of its plan to cut peak demand by 6,300 megawatts by 2025.
"We have a lot of work to do. We're looking to create a culture of conservation
SUV sales tanking:
When automakers report sales numbers for May today, the 26% decline in U. S. sales of SUVs in the first four months of this year is expected to turn into a deep dive...
Others, like Ford Motor Co., believe that permanency has arrived. The days of consumers buying big pickups and big SUVs if they don't need them to transport goods or haul trailers is over, Ford sales analyst George Pipas said. "We don't think those people are coming back."
Bad news, but really not surprising:
General Motors Corp. is shutting four North American plants making pickup trucks and sport utility vehicles, including its pickup line in Oshawa, eliminating about 1,000 Canadian jobs.
Chief executive Rick Wagoner told a media conference that ``recent developments on the global oil scene have forced us to take additional actions."
Higher gasoline prices represent "a structural change, not just a cyclical change," Wagoner said.
"It is, by and large, permanent."
And, what are people buying?:
Although hybrid cars account for only about 3% of U.S. car sales, their share is growing rapidly. Sales of hybrid cars surged 25% during the first four months of this year compared with the same period last year. And the pace accelerated last month, when sales jumped 58%. That outpaced the overall April sales gain of 18% for small fuel-efficient cars and comes as total new-vehicle sales are slumping.
I hope the Liberal plan considers the already changing dynamics.