Renewing Futures has embarked upon a unique nation-wide research program.
Our research did not only look at the entire industry; we also focused on specific sectors.
The labour market intelligence we gathered determined the driving forces affecting the Storage sector.
Through our research, we have:
Renewing Futures has created this page to be a focal point for anyone with a stake in the Storage sector.
First, it will be where you can find research findings and analysis specific to the sector.
And second, through this page, we want to connect you to information, discussion and people in the Storage sector.
By Jennifer Stoneburgh @ MaRS
With 2012 officially behind us and 2013 newly underway it’s a great time to look to the future of the energy network in Ontario and prophesize about what we can expect to see in the coming year.
Ontario is already a global leader in smart-grid development and stands at the forefront of energy storage innovation. The province is also positioned to take a leadership role when it comes to energy storage technology.
As renewable energy resources continue to be integrated onto the grid, there is an increasing need to help mitigate the intermittent nature of renewables. Energy storage can help stabilize the grid and manage the discrepancies between supply and demand, reducing the need to export energy and providing regulation services to the electricity grid. The introduction of energy storage systems can also help alleviate the demands on Ontario’s aging infrastructure and on our energy system as a whole.
While this all sounds good, like many things, one size does not fit all when it comes to energy storage technologies.
Different technologies, such as those addressing bulk storage, distributed storage and axillary services, are able to capitalize on different opportunities to enhance our grid.
Location and duration of storage are two key differences between different technologies. Here at MaRS we work with several of the top energy storage innovators in Canada.