CleanTechnica•22 days ago
Why Waiting on Grid Batteries Will Cost Ontario More Than Acting Now
Key Takeaway
Ontario faces significant economic penalties by delaying grid battery deployment, making proactive policy and investment crucial for long-term cost savings and grid stability.
AI Summary
- •The article argues that delaying grid battery deployment in Ontario will lead to higher overall costs, emphasizing the economic benefits of proactive investment in energy storage.
- •Early and widespread adoption of grid batteries is presented as a critical strategy to stabilize electricity prices and enhance grid reliability for developers and large power consumers.
- •The discussion highlights the need for robust policy and regulatory frameworks in Ontario to incentivize and accelerate the deployment of grid-scale energy storage projects.
Topics
capacity-marketemissionsfinancingpolicystorage
Article Content
Recently I took part in a discussion in Ottawa as part of CAFES Network’s work to raise local energy literacy, hosted by Invest Ottawa and attended by a mixed audience of residents, municipal and provincial policy observers, students, and people already working in energy and climate. Angela Keller-Herzog, founding executive ... [continued] The post Why Waiting on Grid Batteries Will Cost Ontario More Than Acting Now appeared first on CleanTechnica .