Sub-program 1.3.5

New Energy Supply

Description

The development of new sources of energy is pivotal in addressing Canada's long-term energy requirements due to increased energy use and the global decline in conventional energy resources. These new sources will support the energy supply mix necessary for sustainable long-term economic growth in Canada. However, there is a current lack of geoscience information to enable the private sector to make investment decisions. This Sub-program provides strategic assessments, methodologies and information required to make investment decisions on the offshore and other viable renewable resources such as gas hydrates, shale gas, geothermal and tidal energy supplies that could become an important component of Canada’s future energy mix.

Non-Financial Performance Information
Expected Result Performance Indicators Targets
The private sector has access to reports such as strategic assessments on offshore and new energy supply to help inform investment decision-making Number of different reports, such as strategic assessments, accessed (e.g., downloaded) annually by stakeholders 5 by March 31, 2014
Financial Performance Information ($ thousands)
Planned Spending Main Estimates
5,166 5,166