The Ontario Smart Grid Forum released yesterday on the economics of Smart Grid in Ontario Enabling Tomorrow’s Electricity System a report and call to action for a “co-ordinated effort to increase reliability, develop economic opportunities and promote environmental sustainability through smart grid technologies.” The forum concluded that, although Ontario is going in the good directions, it’s not going fast enough. The powers that be are invited to:

– develop requirements for and propose sufficient monitoring of distribution connected generation,energy storage, and responsive load;
– determine the authority necessary to direct the operation of these facilities, the conditions under which their operation could be directed and any compensation that would be provided to the facility;
– propose contractual and pricing arrangements with distribution connected generation, energy storage, and responsive load that support efficient grid operations and are consistent with the operation of the wholesale electricity market;
– coordinate the development and implementation of grid control and information systems to facilitate the actions listed above.

Read the report here:
Smart Grid Report

Tags: economy, smart grid