World : Smart Grid Projects to Boost Innovation and Reduce Electricity Costs

Projects Will Create More Than 100 Jobs in Communities Across the Province

Ontario is supporting 12 innovative projects that will improve the delivery of electricity to families and businesses, reducing costs and creating over 100 high-tech jobs across the province.

Glenn Thibeault, Minister of Energy, was joined by Bob Chiarelli, MPP for Ottawa West--Nepean and John Fraser, MPP for Ottawa South, today in Ottawa to make the announcement.

Initiatives receiving support through the province’s Smart Grid Fund include SPARQ Systems’ project with Ottawa Hydro, Eion Wireless and Queen’s University. This project uses innovative micro-inverter technology, which helps eliminate the by-products solar installations can produce. The project will create 18 jobs and is expected to improve reliability and longevity of Hydro Ottawa’s infrastructure, delivering cost savings for families and businesses.

Ontario’s Smart Grid Fund supports projects that test, develop and bring to market the next generation of energy grid innovations, helping consumers and businesses lower energy costs, improve conservation efforts, and incorporate new technologies like electric vehicles and storage. The Advantage Power Pricing program led by Energate and Alectra Utilities, for example, was a successfully completed project with approximately 1,000 participants. This program tested a dynamic pricing program for residential customers in which the daily on-peak price of electricity varied in response to overall provincial demand. On average, participants paid $74 less in electricity costs than they would have if billed at normal time-of-use rates.

Ontario’s plan to create fairness and opportunity during this period of rapid economic change includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.

Quick Facts

  • Ontario is investing $10.5 million to support these 12 Smart Grid Fund projects. To date, 800 jobs have been created as a result of Smart Grid Fund investments. The Ministry of Energy expects to launch a new round of Smart Grid Fund applications shortly.
  • The Smart Grid Fund was launched in 2011 to support innovation in Ontario’s energy sector. Investments have helped Ontario companies improve the efficiency of the province’s electricity distribution grids, helping utilities to increase affordability for their customers.
  • Another Ottawa-based fund recipient, Solantro Semiconductor Corp., is partnering with Hydro Ottawa to provide 10 local families with solar power generation, battery storage and load control. This nanogrid will increase customer choice and has the potential to reduce costs for local ratepayers by providing a way for households to produce, store and use their own energy in conjunction with their connection to the electricity grid.

Source : https://news.ontario.ca/mei/en/2018/02/smart-grid-projects-to-boost-innovation-and-reduce-electricity-costs.html

Smart Grid Bulletin July 2018


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