Innovations in Ontario’s Utility Sector

Publication - Dec. 21, 2015 - By Eli Angen, Binnu Jeyakumar

The future of the electricity grid is an exciting prospect for innovators and entrepreneurs.  The modern grid will be dynamic — finely balancing generation, load and storage — with more distributed components and higher responsiveness.

The modern grid will change fundamentally how consumers, producers and service providers interact — bringing more entities into the game, enhancing their capacity and blurring the lines between them.

This creates boundless opportunities for those willing to embrace it, but it also presents a potentially disruptive challenge for everyone involved, particularly large institutions. An increasingly important question that utilities need to ask themselves is what role they want to play in a more distributed and modernized grid.

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