NODES is partnering up with Essex Powerlines and Essex Energy Corporation and Utilismart Corporation to deliver one of four pilot projects announced on March 30, 2022 by the Ontario Independent Electricity System Operator (IESO) and Ontario Energy Board (OEB). The aim of this program is to unlock the electricity potential in Ontario’s communities.
The partners will deliver a local electricity market for Windsor-Essex. This involves designing and implementing a real-time, local electricity market for Essex Powerlines customers who can supply electricity or reduce electricity use on demand to provide services to the local and/or provincial grid. This will help meet growing local and provincial electricity needs in the Leamington area.
“We are looking forward to working with Essex Powerlines (EPLC), the IESO, OEB and partners to explore how a flexibility marketplace can create a more efficient energy system by digitalising the whole value chain. The project will allow for new and existing Distributed Energy Resource (DER) owners to monetize their assets and greater price discovery around flexibility availability and scarcity in the grid. Our ambition is to contribute with market experience from Europe and provide a technology and design to help create a more efficient network where EPLC can make more informed decisions on where to invest or defer investment. Eventually, creating greater social welfare for consumers.” says Svein Jørgen Sønning, Head of Technology, NODES
This is the second project for NODES in Ontario.
Related information:
IESO News Article
OEB News Article
Essex Powerlines News Article
Video: Unlocking the Electricity Potential in Ontario’s Communities
