One of the greatest opportunities for Canada is the shift toward clean growth. To combat climate change, Canada needs new and innovative approaches to electricity generation and distribution. That is why supporting smart grid projects at the community level is a key component of the Government of Canada’s approach to a clean energy future.
Lloyd Longfield, Member of Parliament for Guelph, on behalf of the Honourable Amarjeet Sohi, Canada’s Minister of Natural Resources, today announced a $3-million investment for Alectra Utilities Corporation for two smart grid projects that will help create smarter, greener cities and communities.
The first project will demonstrate the ability to buy and sell power between utilities and residences. Using blockchain and other technologies, homeowners will be compensated for the power they provide to the grid. For customers, it will increase convenience, provide greater control and transparency and enhance service reliability. Utilities will have the ability to conduct real-time transactions and better respond to demand.