{"id":2886,"date":"2025-03-27T20:03:24","date_gmt":"2025-03-27T20:03:24","guid":{"rendered":"https:\/\/enovapower.com\/reports\/?page_id=2886"},"modified":"2025-05-02T17:19:04","modified_gmt":"2025-05-02T17:19:04","slug":"innovation-to-power-whats-next","status":"publish","type":"page","link":"https:\/\/enovapower.com\/reports\/2024-report\/innovation-to-power-whats-next\/","title":{"rendered":"Innovation to power what’s next"},"content":{"rendered":"\t\t
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Innovation to power what\u2019s next in our communities<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Post-Merger Integration<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Growth & Innovation<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Empowering Communities<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Grid Resiliency<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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We’re prepared to meet the combined challenges of powering a growing region in an ever-changing energy landscape. We\u2019re positioning ourselves as leaders in new technologies and exploring new ways of doing things. We\u2019re embracing grid modernization, technological development and local partnerships to develop what\u2019s next in support of our business and residential customers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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6<\/p><\/span>\n \t\t\t

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.<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Fractal-managed EV chargers<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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227<\/p><\/span>\n \t\t\t

Enova\u2019s 227 smart switching devices help reduce the frequency and severity of power interruptions while making our system more efficient and easier to manage.<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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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.\u00a0 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.<\/p>

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.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Read more <\/div><\/span>\n\t\t\t\t\t\t\t\n\t\t\t<\/i><\/span>\n\t\t\t<\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t
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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.\u00a0 The due diligence stage has been executed and a final decision on funding is expected in Q2 2025.<\/p>

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.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

06 Innovation to power what\u2019s 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\u2019re positioning ourselves as leaders in new technologies and exploring new ways of doing things. We\u2019re embracing grid modernization, technological […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":2651,"menu_order":7,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-2886","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nInnovation to power what's next - Enova Power Reports<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enovapower.com\/reports\/2024-report\/innovation-to-power-whats-next\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innovation to power what's next - Enova Power Reports\" \/>\n<meta property=\"og:description\" content=\"06 Innovation to power what\u2019s 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. 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