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Opinion: The dilemma over electricity rates and innovation
TORONTO - For more than 100 years, Canadian electricity companies had a very simple mandate: provide reliable, safe power to all. Keep the lights on, as some would say. And they did just that.
Today, however, they are expected to also provide a broad range of energy services through a data-driven, customer-centric system operations platform that can manage, among other things, responsive loads, electric vehicles, storage devices and solar generation. All the while meeting environmental and social sustainability — and delivering on affordability.
Not an easy task.
That’s why this new mandate requires an ironclad commitment to innovation excellence. Not simply replacing “like…