Innovations in Ontario’s Utility Sector

Published 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.