Canada's global energy success will be powered by an electrifed economy, leading voices in Canada's energy sector told CNBC's EnergyFuture brainstorm in Toronto last week.
A move towards electrified transport infrastructure, along with smarter management around extraction and end-use, would provide the foundations for a cleaner overall supply, the get-together heard.
Bruce Lourie, president of the Ivey Foundation, which promotes environmental sustainability, called for increased investment in innovation around storage technology to help drive this electrification.
"If Canada can become the leader in storage technology globally, we can export that as one of our unique competitive advantages," he told the room.
Lourie claimed that these moves would also allow for a Canada's lower carbon footprint.
"We can provide to the world the cleanest fuel because we will be helping produce and extract it using decarbonised electricity," he said.
"We will have more fuel available to export, because we will be using so little ourselves through demand management."
Jacob Irving, president of the Canadian Hydropower Association, backed this call. As the third largest producer of hydro electricity in the world, he told CNBC, the country has "one of the cleanest and most renewable energy systems in the world."
"For most countries, their number one source of carbon emissions comes from burning fossil fuels to make electricity. In Canada, 60 per cent of our electricity comes from hydro power."
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