Ontario plunging into energy storage as electricity supply crunch loomsTORONTO — Ontario is staring down an electricity supply crunch and amid a rush to secure more power, it is plunging into the world of energy storage — a relatively unknown solution for the grid that experts say could also change energy use at home. Energy storage can provide that same flexibility, those in the industry say. Smith said in an interview that it's the largest active procurement for energy storage in North America. "Battery energy storage will change the energy industry in the same way and for the same reasons that refrigeration changed the milk industry," he said. So I believe that energy storage is going to radically change the distribution channels of energy."

Source: CBC News December 26, 2022 15:29 UTC