The Government of Canada has announced a $4.1-million investment to modernize Saint John’s electric grid, which will improve electricity delivery and reducing pollution.
Saint John Energy’s new Smart Grid Integrated Dispatchable Resource Network will develop artificial intelligence to help optimize the efficiency and cost-effectiveness of Saint John’s existing system, ensuring a more resilient and reliable power system and providing long-term rate stability to customers.
“The convergence of the internet of things and artificial intelligence is unlocking exciting opportunities for utilities and their consumers to work together to target cost and environmental impact reductions,” said Ray Robinson, president and CEO of Saint John Energy. “Saint John Energy prides itself in being a low-cost, highly reliable utility that offers consumer choice. This project presents another opportunity that will leverage the nimble nature of Saint John Energy and contribute to growing the Smart Energy entrepreneurial eco-system in the province.”
This project will accelerate the switch to clean power by modernizing traditional power systems to be more digitally networked and flexible. The ultimate goal is to lower polluting emissions by making Canada’s grids smarter and more efficient.
Funding for this project is provided by Natural Resources Canada’s Smart Grid Program, which provides investments to utilities to reduce pollution and better use existing electricity assets while encouraging innovation.
Smart grids help ensure safer and more secure delivery of electricity and a higher quality of service for customers. The grids are a key enabler for greenhouse gas mitigation, as they increase the hosting capacity of renewable generation, improve asset use and increase resiliency.