The provincial government amended legislation on Monday to allow more clean energy to be added to the electrical grid. A news release from the government says the changes require all electricity sector compliance payments under the province’s Output-Based Performance Standards Program to be directed toward ongoing developments and future investments to achieve a clean provincial electricity grid by 2050. It was back in 2020 that the federal government announced this target of net zero by 2050.

The Government of Saskatchewan says it will create a dedicated investment fund to deploy Saskatchewan’s first small modular reactor, as well as supporting SaskPower’s clean electricity operating costs to help maintain overall power rate affordability. All other compliance payments from industrial emitters will continue to be deposited into the Saskatchewan Technology Fund for projects that reduce, sequester or capture emissions.