The program, which aims to support the development of energy storage projects across the country, is expected to establish collaboration and co-investment opportunities for technology developers, system integrators and end users that will expand Canada’s energy storage value chain and use the integration of renewables technologies, including wind and solar energy, into a modernized electricity grid.
NRC energy, mining and environment general manager Andy Reynolds said that this large-scale, multi-year, collaborative approach will deploy a critical mass of expertise in targeted areas to help resolve the reliability and affordability challenges of integrating new technologies into a modernized electricity grid.
"This will help grow Canada’s renewable energy sector and create new markets for enabling technology and material suppliers, including the mining industry." Reynolds added.