Last Wednesday, Surya Panditi, Head of Enel X North America, attended the Independent Electricity System Operator (IESO)’s Grid Innovation Fund (GIF) press conference in Toronto, Canada. Enel X was awarded a $3.3M CAD investment through GIF with support from the Ontario Energy Board Innovation Sandbox for an innovative pilot aggregating distributed energy resources (DERs) to support the province's growing energy needs.
This project builds on an idea that has long guided Enel X: While the power sector has historically relied on centralized supply resources to balance demand, the future of electricity is increasingly decarbonized, digitalized, and distributed. However, for DERs to realize their full potential, they must be able to participate in wholesale markets on an even footing with other large-scale resources.