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ARTICLE · 26 OCTOBER 2023

Energy Storage And The Energy Transition: A Shift In Conversation From Need To Adoption

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Since our update one year ago, energy storage continues to develop in both Alberta and Ontario while being further incentivized by recent draft federal legislation regarding clean energy income tax credits...

CanadaEnergy and Natural Resources
Milosz Zemanek
Milosz Zemanek
Gino Bruni
Gino Bruni
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Since our update one year ago, energy storage continues to develop in both Alberta and Ontario while being further incentivized by recent draft federal legislation regarding clean energy income tax credits and a clean (net-zero) electricity future. Energy storage appears to be here to stay and has widely been accepted as one of the solutions for Canada's energy transition; however, the conversation has shifted from its need to conversations around the (a) issues regarding how the technology can/should be adopted and its role in the "mix" of grid resources and (b) project and financing structures that may be necessary to fully utilize the benefit of the incoming legislation.

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