Ontario Government Canceled 758 Renewable Energy Contracts for Bigger Savings
The Progressive Conservative government of Ontario canceled 758 renewable energy contracts. According to Energy Minister Greg Rickford, the move will reduce electricity bills and save up to $790 for the provincial ratepayers. However, this figure is getting a thumbs down from industry officials, citing that it may only lead to losses for small entrepreneurs.
Rickford released a statement on Friday saying that the…
Report Says the Ontario Energy Board Needs Technological Change
A group consisting of a three-person panel reported to Energy Minister Greg Rickford regarding the need for Ontario’s energy regulator an overhaul. The group stated that the system needs to adapt to technological change and respond to customer needs better.
As the energy sector in Ontario expands, the group seeks better handling of their clients’ needs. This way, people would better understand what&#…
Energy Storage as Ontario’s Environmental and Economic Answer to Its Energy Needs
Ontario, Canada, has greatly reduced its energy emissions and electricity costs by rapidly developing its battery storage capacities. While this is good news, the problem is still felt at a macro level as the modernization and decarbonization of the grid have not been widely embraced in terms of regulation or policy. These functions still need to fully utilize storage solutions, including batteries.
The executive director …
Energy Storage
Energy storage pertains to the energy source’s conversion into something that will allow tapping in the energy produced now for future use. These energy sources are the ones that are not easy to store, including electricity.
With the advent and continuous progress of technology, many forms of energy-storage solutions can now store energy in different timescales, from seconds, minutes, hours, days, weeks, to months.
These technologies that have something to do with energy storage are only in their initial years …
Ontario Sees an Opportunity in Nuclear and Energy Storage
The Nuclear Innovation Institute (NII) report said that Ontario could decrease its reliance on gas-fired plants while keeping its electricity system reliable. This could be possible by using energy storage with long-duration paired with the emission-free electricity coming from the Bruce nuclear power plant.
The same report said that while Ontario aims for a net-zero, the higher capacity energy storage levels can be useful in future electricity grids. These technologies work best in a similar setup done in Ontario that paved the way for a steady supply of …