Ontario Invites Global R&D and Advanced Manufacturing Investment to Help Build $1.95 Billion of Smart Grid Infrastructure
SAN DIEGO, CA, Jan 29, 2013 (MARKETWIRE via COMTEX) --
DistribuTECH - The Ontario Clean Technology Alliance is inviting
global industry participants at DistribuTECH -- the utility
industry's leading smart grid event -- to invest in research and
development (R&D) and advanced manufacturing to help build out the
electricity system of Canada's largest, most populous province. The
Ontario Independent Electricity System Operator (IESO) estimated that
starting in 2012 an average investment of about $390 million per
year, or $1.95 billion in total over five years, is needed to enable
the connection of distributed generation, such as wind and solar, in
a more intelligent, cost-effective way.
Over the past year, the Province of Ontario has taken a very active
role in funding smart grid research and development projects that
spur industry activity. These include the $2.8 million Durham Smart
Grid Demonstration Project, a $1 million, Cisco-backed new Smart Grid
Research Chair at the University of Waterloo, and the grand opening
of a $40 million Grid IQ Global Innovation Centre by General Electric
(GE) Company (supported by $7.9 million from the Province).
"The Durham Smart Grid Demonstration Project is possible thanks to
$2.8 million from Ontario's Smart Grid Fund," said Rob Nolan, 2013
Chair of the Ontario Clean Technology Alliance and Manager,
Investment Attraction for the Regional Municipality of Durham. "The
Project is a collaboration of several partners, among them, the
Durham Strategic Energy Alliance, the University of Ontario Institute
of Technology (UOIT), and Siemens Canada. Its objective is to build a
utilities control centre to improve dispatching, monitoring, asset
assessment, load modeling and other system requirements for
participating power utilities."
The new Cisco Chair in Smart Grid will focus research on the full
integration of information science and technology concepts for the
power grid in order to enhance its effective performance of key
components such as storage and renewable resources. The new Chair is
part of Cisco's ongoing sponsorship of research initiatives at the
University of Waterloo.
The 200,000-square-foot GE Grid IQ Global Innovation Centre, launched
in the fall of 2012 in Markham, Ontario, is designed to foster
innovation and global collaboration to improve the efficiency,
reliability and security of the world's electrical grids.
Ontario is serious about Smart Grid efficiencies and energy
conservation. The province's efforts have decreased electricity
demand by over 1,900 MW between 2005 and 2011 -- the equivalent of
over 600,000 homes being taken off grid.
About the Ontario Clean Technology Alliance
The Ontario Clean Technology Alliance offers a highly educated
workforce, excellent growth opportunities, a low-risk business
environment, and generous R&D tax credits that are the envy of other
countries. The Alliance includes Greater Toronto Area, Ottawa Region,
City of Hamilton, Waterloo Region, Niagara Region, Windsor-Essex,
City of London, Sarnia-Lambton, City of Guelph, the Municipality of
Chatham-Kent and the Southwestern Ontario Marketing Alliance. The
Department of Foreign Affairs and International Trade Canada as well
as the Ontario Ministry of Economic Development and Innovation are
also Alliance partners. For more information, go to
Ontario Clean Technology Alliance media contacts:
Senior Business Development Officer
Canada's Technology Triangle Inc.
Email: Email Contact
market2world communications inc.
Email: Email Contact
SOURCE: Ontario Clean Technology Alliance
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