1. Identify and describe energy storage technologies that could be deployed in Canada.
2. Characterize the current energy storage market in Canada.
3. Simulate the potential adoption and value of energy storage through mid-century within Canada under a variety of assumptions about future GHG reduction policy and technology costs and performance.
To accomplish these objectives, Navius developed a version of its North America-wide electricity dispatch model (IESD), capable of simulating the adoption of grid-scale storage.
This deck summarizes key insights from this study related to: 1. Future investment in electricity storage technologies 2. Development of Canada’s electricity system 3. Economy-wide decarbonization 4. Opportunities for future research