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News Briefs

  • H2O Innovation subsidiary lands new deals in US +

    H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the Read More
  • EDC offers new green bond +

    Export Development Canada’s (EDC) latest green bond has been priced. Set at $500 million with a 1.8 fixed rate, the Read More
  • Capital Power moving ahead with New Frontier Wind +

    After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed Read More
  • General Fusion takes new step towards reactor design +

    Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion Read More
  • Federal, Ontario governments take big step in reducing diesel reliance in FN communities +

    The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step Read More
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Stock Market

The Ontario government is chipping in $1.35 million for a pilot project from PowerStream and Energate Inc. that will give consumers the ability to respond to electricity pricing changes during peak times. So rather than just adjusting behaviour based just on peak-time pricing, homeowners will be able to react to what is referred to as “dynamic pricing.”

The implementation of demand response can help utilities better manage their peak electricity demand while also giving consumers the tools they need to save money on their monthly bills, according to Scott McKenzie, VP of operations at Ottawa-based Energate Inc.

PowerStream Inc. and Korea Electric Power Corp. (KEPCO) have signed a memorandum of understanding to cooperate on a project that involves smart grid technologies.

A successful electricity conservation pilot from Greater Sudbury Hydro and Ecotagious Inc. that resulted in a household average of 3% energy savings over the winter has resulted in a broader rollout. Now residential customers in the Northern Ontario Wires and PUC Distribution Inc. territories will also get to benefit from greater conservation capabilities.

Distributed intelligence and IT system convergence, and other factors, across all utility operations are among the drivers of increased smart technology spending over the next 10 years, according to data recently released by Navigant Research.