The Canadian Renewable Energy Association (CanREA) recently released an agenda-setting paper on energy storage in Canada to clarify what the potential is, and how it can be leveraged to benefit all jurisdictions.
The report, entitled “Laying the Foundation: Six priorities for supporting the decarbonization of Canada’s electricity grid with energy storage,” outlines CanREA’s perspective on what is required to advance energy storage in Canada.
“It is well understood that dynamic and versatile energy-storage technologies will be a cornerstone of Canada’s energy transition,” said Robert Hornung, CanREA’s President and CEO. “There is tremendous opportunity for the Canadian electricity sector to leverage the potential of energy storage.”
With this new paper, CanREA aims It identifies six priority areas for action: education, regulation, markets, grid optimization, communities and sustainability. For each of these priorities, Laying the Foundation presents the challenge to be overcome, identifies key solutions, and outlines the specific actions recommended by CanREA.
Laying the Foundation follows up on fundamental points made in CanREA’s Vision document, Powering Canada’s Journey to Net-Zero, which demonstrates that Canada needs to deploy more than 5,000 MW of new wind and solar energy annually for the next 30 years to meet its commitment to net-zero greenhouse gas emissions by 2050.
“Energy storage can provide key flexibility services, and support electricity system reliability, as Canada develops its abundant, untapped wind and solar energy resources,” said the author of the report, CanREA’s director of energy storage, Leonard Olien.
The full paper is available to download in English or French from CanREA’s website.
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