Energy Innovation and Distribution

Running Head: ENERGY INOVATION AND DISTRIBUTION
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Energy Innovation and Distribution
Abstract

ENERGY INNOVATION AND DISTRIBUTION 1
Energy innovation and distribution resources
Abstract
The role of energy innovation is diminishing in a generation of technology, financial,
policy changes in the industry. These changes will find the future of local distribution
company in Ontario (Canada). According to an institutional theory of organization innovation
of technology can break through the cultural resistance to change and historically. The
electricity distributors association discovered public campaign; this campaign promotes the
role of electric energy and importance, and role of local distribution companies to transfer
energy to consumers (EDA, 2015). Ontario is the largest electricity distributor in Canada that
produces electric energy and transfer to millions of homes, and industries. Ontario takes high
voltage power supply from wires and delivers low voltage power supply to homes, and
industries. It is also accountable for billing users and implementing energy conversion
program. LDCs provide a contact between millions of users and rest of the system (EDA,
2015). There are many benefits of latest energy distributor technologies such as reduced
transmission losses, more efficient, low distribution losses, low power consumption, new
methods of electricity storage, use renewable sources to produce electricity
Local Distributors Company provides around 65% of electricity to millions of homes
in Canada. The Hartley Bay is the first microgrid in Canada which provides up to 2 GWh of
electric energy per year at cost of $0.67 per kWh (Natural resources Canada, 2016). The
Cayuga GRS is the largest solar farm in Canada that produces around 100 MW energy and
almost 17000 homes in Canada uses this electricity (The spectator, 2015).
There are many challenges face by LDCs such as costumes are expecting more from
utilities: more innovation, more flexible, more efficient, more reliability, and more value.
Sustainability issues are also rising in the costumes; users want socially and environmentally
responsible options (Post carbon, 2015). The cost of energy distributors is also varying due to
many factors. A demand for electric energy in the U. S. is level across the country, GDP
increased by around 41% but electricity consumption increased by 19% between 1996 and
2007. According to 2013 data, the cost of energy has decreased while global adjustment has
increased. Innovation is good for future because it is correlated with both financial and
competitive. There are many benefits of innovation such as improve revenues, decrease cost,