Government Invests in Smart Grid Technology to Reduce Energy Costs in Yukon

Member of Parliament for Yukon, the Honourable Larry Bagnell, on behalf of Canada's Minister of Natural Resources, the Honourable Amarjeet Sohi announced a $650,000 investment for Yukon Energy Corporation to cut energy costs, reduce the use of fuel to generate electricity during high-demand peaks and lower greenhouse gas emissions.

The Residential Demand Response Program will make the territory's electrical grid more efficient by equipping up to 400 homes with smart devices. These devices will allow Yukon Energy to shift participating customers' energy demand to off-peak hours and meet the Yukon's growing energy capacity needs in a cost-effective and sustainable way while reducing greenhouse gas emissions. This program is a joint collaboration between Yukon Energy Corporation, Yukon Development Corporation and ATCO Electric Yukon.

Funding for this project is provided by Natural Resources Canada's Smart Grid Program, which allows utilities to reduce pollution and optimize electricity use while encouraging innovation. The program is part of the Government of Canada's more than $180-billion Investing in Canada infrastructure plan.

Through Canada's national energy dialogue, Generation Energy, Canadians made it clear that reliable, affordable clean energy solutions are not a luxury but a necessity for Canada's low-carbon future. "Affordable and clean energy technology is a must for Yukon's future," Bagnell said. "Today's investment in innovative technology will help families save money and will help move Yukoners down a positive environmental path, for many generations to come."

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Also of Interest from SGO: 

4th Grid Modernization Forum, May 20-22, 2019, Chicago  

Utility Cyber Security Forum, June 26, 2019, San Diego

4th IoT Global Innovation Forum, July 9-10, 2019, Chicago 

10th Microgrid Global Innovation Forum, September 10-12, 2019, London

6th Demand Response & DER World Forum, October 16-17, 2019, San Diego