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Innovation to power what’s next in our communities
Post-Merger Integration
Growth & Innovation
Empowering Communities
Grid Resiliency
We’re prepared to meet the combined challenges of powering a growing region in an ever-changing energy landscape. We’re positioning ourselves as leaders in new technologies and exploring new ways of doing things. We’re embracing grid modernization, technological development and local partnerships to develop what’s next in support of our business and residential customers.
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Installed six Fractal-managed EV chargers for fleet vehicles at our Country Squire office. FractalEV is a Waterloo-based start-up focused on fleet electrification and networked chargers, providing another example of our commitment to community partnership and innovation.
Fractal-managed EV chargers
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Enova’s 227 smart switching devices help reduce the frequency and severity of power interruptions while making our system more efficient and easier to manage.
smart switching devices
To meet growing demand for electricity due to electrification and the increased penetration of Distributed Energy Resources (DERs), in 2024, we partnered with GridS2 to conduct a Distribution System Operator (DSO) study and pilot a demonstration lab. The goal of the study was to quantify the benefits of forming a DSO by evaluating the impact to customer electricity costs, the additional revenue stream to DER owners, and operational and financial benefits for Enova.
We also implemented a lab-based demonstration at our Victoria Street office showcasing the operations of a real-time DSO, including accepting bids from market participants and optimal scheduling of DER assets while ensuring grid reliability. The case study was presented at the Electricity Distributors Association 2024 EDIST Conference and the lab-based demonstration has been operational since mid-2024 with the final report to be completed in 2025.
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In 2024, we again partnered with GridS2 to submit a funding application to operate a distribution-level electricity market using AI-based load forecasting and network-constrained optimization. The due diligence stage have been executed and a final decision on funding is expected in Q2 2025.
We were steadfast and focused on finding efficiencies and new technologies to grow beyond the traditional delivery-based electricity utility model. Our 2024 successes are paving the way for new and exciting projects to meet the needs of our growing region and take advantage of the rapidly evolving technology.