Spotlight on Market Renewal: Innovation critical to lowering costs
August 16, 2018
In an environment where innovation is key to driving us toward more cost-effective solutions, market renewal is taking centre stage – and with good reason. The multi-year project, which will lay the foundation for a more robust, flexible and efficient market, is expected to deliver between $2.2 and $5.2 billion in efficiency improvements over a 10-year period.
And if the results of the IESO’s 2017 demand response auction are any indication, efforts to increase competition and welcome new entrants to the system are already paying off. Learn more about the role of market renewal: check out “Where Innovation Intersects with Competitiveness and Why it Matters,” on page 14 of Power Perspectives.