Toronto: Canada has announced a $5-million investment for the Independent Electricity System Operator (IESO) for the development of an energy system solution that will improve the economics of providing electricity services to consumers while providing new opportunities in clean technologies — a first in Ontario.
“When we’re out talking to communities, one common theme we hear is a desire to have more choice in how their electricity needs are met. This pilot will help us learn if we can enable that choice while also reducing costs for Ontarians,” said Terry Young, Vice-President of Policy, Engagement and Innovation, IESO.
This project will design and test the potential for small, local resources — including storage and solar photovoltaic — to avoid the need for new power lines or other infrastructure. By exploring new options to meet consumers’ needs, this project will demonstrate best practices for delivering more affordable electricity to Canadians, while also reducing greenhouse gas emissions, said a statement.
IESO operates Ontario’s power grid 24 hours a day, 365 days a year.
“The Government of Canada is committed to investing in green infrastructure and clean energy technologies that benefit Canadians from coast to coast. This investment in a cleaner and more affordable energy system will help us continue the fight against climate change and ensure a cleaner environment for future generations,” said Amarjeet Sohi, Canada’s Minister of Natural Resources.