IESO Invests in Pilot Projects to Explore How TTC Subways, Electric Buses and Batteries Can Support Growing Electricity Ne
April 28, 2022
Forecasts show that electrification of Ontario’s transportation sector is expected to grow an average of 20 per cent a year for the foreseeable future. For local utilities and the IESO, this presents a challenge of meeting increased electricity demand – as well as an opportunity to use new technologies to create dynamic solutions to meet long-term energy needs.
Through the Grid Innovation Fund, the IESO is investing $4.3 million, and the Toronto Transit Commission (TTC), City of Toronto and PowerON are investing $10.3 million in two projects that will explore innovative ways that large batteries can help transit fleets reduce peak demands and strain on the electricity system.
The learnings from the projects have the potential to promote transportation electrification, reduce greenhouse gas emissions and support local community sustainability goals. For more information please read the news release.