On June 4th, CIET attended the 5th edition of the National Energy Roundtable in Toronto. This iteration of the conference had as its main theme “Innovation and Disruption”, alluding to the current state of transition in our energy sector. This primarily high-level conference covered a multitude of subjects, from the energy makeup of Ontario and the continued role of nuclear power to electrification, Distributed Energy Resources (DERs) and current investment trends.
At the beginning of the roundtable, it was pointed out that Canada as a whole is presently warming at a faster rate than any other G20 country. Despite its efforts, investments in clean and renewable technologies need to increase, as do carbon capture/air regeneration programs. However, many players in the energy industry are taking steps to find innovative ways to make a difference, whether it is Alectra with its new Green Energy & Technology centre (the first such innovation centre run by an LDC), the IESO and its exploration of energy auctions to continue to fund conservation programs, the Ontario nuclear sector investing in small, more transportable modular reactors, or utilities such as NB Power piloting a number of Distributed Energy Resource projects in its jurisdiction – to name a few.
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