A report on the status of the Canadian Energy Sector and its $24+ billion opportunity
The global market size for energy storage products and services has been estimated at $24 to $233 billion over the next ten years, and with the right approach Canada has every opportunity to position itself as an international industry leader.
The National Research Council Canada’s technical report, The Debut of New Energy Storage Technology, summarizes the current trends, issues and lessons learned by Canadians leading early technology deployments domestically and abroad. The report also provides recommendations for future opportunities to support the widespread adoption of energy storage through technology de-risking, cost reduction and addressing regulatory barriers.
By providing a concise and insightful overview of the current landscape and future opportunities, this report is a valuable tool for technology developers and their supply chain counterparts, utilities, regulators and policymakers.
This report is derived from the discussions, panels and commentary from the Association of Power Producers of Ontario's 2014 Technical Conference, focusing on the impact and implications of new energy storage technology. The complete APPrO Conference Proceedings are also available.