“SaskPower’s Boundary Dam CCS is capable of capturing 1.3 million tonnes of CO2, the equivalent of taking more than 300,000 cars off our roads.”
The global market for energy storage technologies is projected to reach $21.5 billion by 2024, up from 2015’s $606 million.
“To fully capture and integrate new renewable energy sources, it is necessary to invest into the modernization of the Canadian power grid infrastructure. A significant increase in customer-side participation in the energy supplied and demand-side management is contributing to a paradigm shift in the power industry towards a more decentralized energy supply and bidirectional power flows. This is driving the modernization of the grid project known as ‘Smart Grid’.”
CanmetEnergy – Natural Resources Canada