During the Eighth North American Summit, Justin Trudeau, Barack Obama and Enrique Peña Nieto announced a historic goal in North America: striving to achieve a goal of 50% clean electricity generation by 2025.
“We will achieve this goal through the development and deployment of clean energy, innovation in clean energy and energy efficiency. Based on the ongoing efforts of our respective energy ministers under the Memorandum of Understanding on Cooperation on Climate Change and Energy, a series of initiatives will support this goal”: NALS 2016.
Agreements and objectives:
1. Scale up clean energy through aggressive initiatives and domestic policies, including Mexico's Energy Transition Law and new Clean Energy Certificates, the U.S. Clean Power Plan and five-year extension of tax credits for production and investment and Canada's actions to further scale up renewables, including hydro.
2. Collaborate on cross-border transmission projects, including renewable energy. At least six transmission lines currently proposed or in permitting review, such as the Great North Transmission Line, the New England Clean Power Link and the Nogales Interconnection would add approximately 5,000 megawatts (MW) of new cross-border transmission capacity.
3. Conduct a joint study on the opportunities and impacts of adding more renewables to the power grid on a North American basis.
4. Enhance trilateral cooperation on greening government initiatives, including the purchase of more efficient products, cleaner power, and clean vehicles.
5. Strengthen and align efficiency standards across the three countries, facilitating the seamless movement of products and cutting costs for consumers. They commit to promote industrial and commercial efficiency through the voluntary energy performance standard ISO 50001, and aligning a total of ten energy efficiency standards or test procedures for equipment by the end of 2019.
6. Based on North American leadership at international forums such as Mission Innovation to accelerate clean energy innovation, our energy researchers are identifying joint research and demonstration initiatives to accelerate clean technologies in priority areas such as: smart grids and energy storage; reducing methane emissions; carbon capture, use and storage; and advanced heating and cooling, including energy efficiency in buildings.
7. The three countries will continue to strengthen the North American Cooperation on Energy Information Platform, by including additional geospatial information relating to cross-border infrastructure and renewable energy sources.
8. They also committed to deepened electric reliability cooperation to strengthen the security and resilience of an increasingly integrated North American power grid.
"Working together, developing current and future policies and projects, will achieve the goal of generating thousands of clean jobs and support the vision of an economy with clean growth": NALS 2016.
The Action Plan that supports this Joint Statement further elaborates the various activities that the three countries are undertaking to meet its commitments.