Posted on 3/11/2021 11:06 AM By Sari Maritzer
Electricity is clearly going to fuel a great deal more of our economy and day-to-day lifestyles moving forward. This makes good economic sense – as those who have calculated the long-term payback on an electric car know – and is essential to achieving our climate change objectives.
Local distribution companies (LDCs) are both electricity suppliers of this more important-than-ever commodity, and they have expertise and relationships that will be crucial to broadening its use. Local utility companies in Ontario are trusted by customers and have detailed insights into complex supply and demand conditions; they own the infrastructure via which growing electricity demand will be met; and they are natural partners to the municipalities who are often driving electrification in contexts such as transportation.
It’s a good position to be in. But for LDCs to fully seize this opportunity – and for them to effectively manage the daunting ...