Generated by All in One SEO Pro v4.9.8, this is an llms.txt file, used by LLMs to index the site. # Peak Power Making it Profitable to Pursue Net Zero ## Sitemaps - [XML Sitemap](https://peakpowerenergy.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [An Optimistic Earth Day Policy Roundup](https://peakpowerenergy.com/2021/04/22/an-optimistic-earth-day-policy-roundup/) - There is a lot to feel optimistic about on Earth Day 2021. Governments around the world have made concrete commitments to improve- - [Peak Power Receives $5M From SDTC to Deploy DERA Platform in North America](https://peakpowerenergy.com/2022/09/27/peak-power-receives-5m-from-sdtc-to-deploy-dera-platform-in-north-america/) - Working closely with SDTC, Peak Power’s DERA project will unlock the grids critical for the transition to 100% carbon-free energy. - [Earth Day 2022: Our Top 3 Good News Picks](https://peakpowerenergy.com/2022/04/20/earth-day-2022-our-top-3-good-news-picks/) - The Earth Day website perfectly lays out why businesses, governments, and investors are so important to transition to a green economy: - [Building Owners are in a "Green Sandwich"](https://peakpowerenergy.com/2021/09/14/building-owners-are-in-a-green-sandwich/) - Large and small tenants are requesting ESG reporting from their building owners, due to environmental factors - [Grid Modernization Leadership: Perspectives from Women Energy Leaders](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) - Women leaders at Peak Power share what grid modernization leadership looks like in a technical, capital-intensive sector, plus the skills and mindsets shaping the future grid. - [Behind-the-Meter: Peak Power's Female Energy Storage Leaders](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) - IWD perspectives on grid modernization & behind-the-meter energy storage, including how batteries reduce peak energy costs & support a flexible electricity system - [Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student](https://peakpowerenergy.com/2026/01/19/release-peak-power-awards-bursary-to-promising-canadian-cleantech-student/) - Peak Power grants $1,500 to student who shows commitment to clean energy sector. Learn how this initiative supports the next generation of energy storage innovation. - [Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025](https://peakpowerenergy.com/2025/09/08/ontario-global-adjustment-cost-reduction/) - Learn how advanced peak demand forecasting from Peak Power is helping C&I facilities with Global Adjustment Cost Reduction in 2025. - [Financing Options and Strategies for Battery Energy Storage Systems](https://peakpowerenergy.com/2023/08/15/financing-options-and-strategies-for-battery-energy-storage-systems/) - Thinking about Financing Battery Storage Systems for your commercial or industrial facility? Learn about strategies you have available in this blog and webinar. - [How We're Building a Better DEI Strategy](https://peakpowerenergy.com/2022/08/24/how-were-building-a-better-dei-strategy/) - Actioning our DEI Strategy: How we’re commemorating Juneteenth and the National Day for Truth and Reconciliation and how others can build better DEI Frameworks. - [Father's Day Interview with Derek Lim Soo](https://peakpowerenergy.com/2022/06/19/fathers-day-interview-with-derek-lim-soo/) - In this Father's Day interview, CEO and co-founder Derek Lim Soo, father of 3 talks about starting a family and a new business all at the same time. - [Too Hot to Handle: C&I Demand Side Management in a Hotter World](https://peakpowerenergy.com/2022/08/11/too-hot-to-handle-ci-demand-side-management-in-a-hotter-world/) - C&I energy demand side management offers a set of technologies and practices that help reduce electricity demand during peak hours and to reduce emissions. - [FERC 2222 Explained: What it Means for Distributed Energy in America](https://peakpowerenergy.com/2022/08/13/ferc-2222-explained-what-it-means-for-distributed-energy-in-america/) - FERC 2222 Explained: It's enabling distributed energy to be plugged into the US wholesale markets and could be the most consequential regulation passed by FERC. - [What Ontario’s Energy for Generations Plan Means for Class A Global Adjustment Costs](https://peakpowerenergy.com/2025/06/23/ontario-energy-plan-class-a-global-adjusment/) - What does the province of Ontario's Energy for Generations plan mean for Class A Global Adjustment costs in the future? Insights from Peak Power markets team. - [Navigating Ontario’s Market Renewal Program: A Guide for Class A Customers](https://peakpowerenergy.com/2025/04/07/ontario-market-renewal-program-ieso/) - Ontario’s electricity market is gearing up for a big shift on May 1, 2025, with the implementation of the Market Renewal Program (MRP). Learn more here. - [What is Peak Shaving? What C&I Energy Consumers Need to Know](https://peakpowerenergy.com/2022/09/16/what-is-peak-shaving-what-ci-energy-consumers-need-to-know/) - Peak shaving help C&I facilities reduce costs and access lucrative energy incentives. Find out how to reduce electricity bills without negatively affecting operations or output. - [Kruger Energy Partners With Peak Power](https://peakpowerenergy.com/2020/09/30/kruger-energy-partners-with-peak-power/) - Kruger Energy Inc. and Peak Power today announced the successful commissioning of three behind-the-meter energy storage systems in New York State. - [Beyond Demand Response: Amping Up with Demand Side Management](https://peakpowerenergy.com/2025/01/24/beyond-demand-response-amping-up-with-demand-side-management/) - Discover how demand side management (DSM) can help your facility reduce energy costs, enhance reliability, and achieve sustainability goals. - [The Future of Energy Storage in Ontario](https://peakpowerenergy.com/2022/03/02/the-future-of-energy-storage-in-ontario/) - What is the future of energy storage in Ontario? Read more about global adjustment and the policies and technologies enabling our transition to net zero. - [The Crisis of Gender Diversity in the Energy Sector](https://peakpowerenergy.com/2021/03/09/the-crisis-of-gender-diversity-in-the-energy-sector/) - Focusing just on gender diversity, we have to face the fact that we have a dire problem on our hands. Shockingly, McKinsey’s renowned Women - [New York Battery energy storage system uses Artificial Intelligence..](https://peakpowerenergy.com/2020/05/01/new-york-battery-energy-storage-system-uses-artificial-intelligence/) - Peak Power Inc., a leading energy services provider, announced today that it has successfully completed the installation of 375 kW / 940 kWh of battery energy storage in New York. - [Virtual Power Plants vs. Distributed Energy Resource Aggregation](https://peakpowerenergy.com/2022/12/06/virtual-power-plants-vs-distributed-energy-resource-aggregation/) - Virtual Power Plants (VPP) and Distributed Energy Resource Aggregation (DERA) are related but have some differences. Learn about it all in this blog post. - [Peak Power Secures Funding from Sensata Ventures and EDC](https://peakpowerenergy.com/2020/11/16/peak-power-secures-funding-from-sensata-ventures-and-edc/) - Toronto, ON. Peak Power, a Canadian-based Startup, announced today that it has received funding from Sensata Ventures and Export Development Canada (EDC). - [Imran Noorani Named Peak Power’s New CSO and Late Founder](https://peakpowerenergy.com/2021/06/17/imran-noorani-named-peak-powers-new-cso-and-late-founder/) - Peak Power is thrilled to announce the promotion of Imran Noorani to Chief Strategy Officer and Late Founder. - [What is Grid Mix and Why Does it Matter?](https://peakpowerenergy.com/2022/05/30/what-is-grid-mix-and-why-does-it-matter/) - What is grid mix and how does decentralized grid design contribute to a decarbonized economy and better prices for electricity? Find out in this blog post. - [The Advantages of Virtual Power Plants for Industrial Facilities](https://peakpowerenergy.com/2023/09/11/the-advantages-of-virtual-power-plants-for-industrial-facilities/) - Battery storage paired with powerful optimization software can enable your company to participate in Virtual Power Plants to pursue financial and net zero goals - [Understanding C&I Building Energy Demand (and How to Cut Energy Costs)](https://peakpowerenergy.com/2023/09/28/understanding-ci-building-energy-demand-and-how-to-cut-energy-costs/) - Understanding building energy demand can help reduce your facilities daily On-Peak Pricing. But, knowing when grid peak events will occur can help significantly cut costs. Find out more here. - [Webinar Recap: Battery Energy Storage Operations and Control](https://peakpowerenergy.com/2023/08/29/webinar-recap-battery-energy-storage-operations-and-control/) - Webinar Recap: Battery Energy Storage Operations and Control. How to optimize battery storage operations, plus a comparison on in-house operation vs. third-party management. - [What is an Energy Storage Shared Savings Agreement?](https://peakpowerenergy.com/2023/11/15/energy-storage-shared-savings-agreement/) - Discover energy storage shared savings and how it provides no-cost energy storage for qualifying commercial, industrial, and manufacturing facilities. - [4 Ways to Save on Global Adjustment in Ontario](https://peakpowerenergy.com/2021/06/23/4-ways-to-save-on-global-adjustment-in-ontario/) - Global Adjustment (GA) fees can add up to 40-60% of a business' electricity bill. Here are 4 ways facility managers can create savings. - [Interview with Our IT Infrastructure and Security Analyst](https://peakpowerenergy.com/2024/07/18/interview-with-our-it-infrastructure-and-security-analyst/) - We sat down with Peak Power’s expert on all things IT & Security - Kevin Sauves. Kevin is a Certified Information Systems Security Professional (CISSP). Which means he possesses the knowledge and skills to effectively design, implement, and manage a best-in-class cybersecurity program. This is one of the most respected certifications in the cybersecurity field, Peak Power - [DEI Policy: Our Company Communications Guide](https://peakpowerenergy.com/2022/06/08/dei-policy-our-company-communications-guide/) - At Peak Power, we're recognizing Pride month with concrete actions and DEI policy that champion diversity and inclusion in the energy and tech space. Read more. - [Interview with Katherine Hamilton](https://peakpowerenergy.com/2024/06/03/interview-with-katherine-hamilton/) - This interview was conducted by Shraddha Mishra, Peak Power’s VP, Legal Affairs. Shraddha held a one-on-one conversation with our new board member, Katherine Hamilton. Katherine Hamilton, Chair of 38 North Solutions and three-time honouree among Washington D.C.’s 500 Most Influential People, is a distinguished international policy expert and clean energy advocate. With executive roles in Peak Power - [Webinar Recap: Financing Strategies for Battery Energy Storage Projects](https://peakpowerenergy.com/2024/04/01/webinar-recap-financing-strategies-for-battery-energy-storage-projects/) - Peak Power hosted a webinar for industrial energy managers around financing strategies to improve the project economics of a battery energy storage system. - [Katherine Hamilton Joins Peak Power Board, Bringing Extensive Clean Energy Expertise](https://peakpowerenergy.com/2024/02/13/katherine-hamilton-joins-peak-power-board-bringing-extensive-clean-energy-expertise/) - Peak Power announces the appointment of Katherine Hamilton, who currently serves as the Chair of 38 North Solutions, to their Board of Directors. - [Peak Power Inc. Closes Latest Funding Round with Investment from TAF](https://peakpowerenergy.com/2021/02/23/peak-power-inc-closes-latest-funding-round-with-investment-from-taf/) - The Atmospheric Fund's investment strengthens Peak Power's position in the market as a cleantech innovator. - [Peak Shaving or Load Shifting: What Every Industrial Facility Needs to Know](https://peakpowerenergy.com/2024/07/17/peak-shaving-or-load-shifting-heres-what-every-industrial-facility-needs-to-know/) - Learn about the difference between peak shaving and load shifting, and how they differ in their timing, approach, and objectives. - [Navigating Demand Response: Find the Right Program for Your Facility](https://peakpowerenergy.com/2024/09/04/navigating-demand-response/) - Focusing on industrial and manufacturing facilities, this is a deep dive into the world of demand response programs, how they work, and programs available. - [Coincident Peak and Energy Planning: Top KPIs and Tech](https://peakpowerenergy.com/2024/01/26/coincident-peak-energy-planning-kpis/) - Coincident Peak events impact a manufacturing facility’s sustainability and profit goals. Here are KPIs and tools to help energy and sustainability managers. - [A Guide to Supporting Ramadan Observers in the Workplace](https://peakpowerenergy.com/2024/03/11/a-guide-to-supporting-ramadan-observers-in-the-workplace/) - Ramadan is here, and Peak Power’s JEDI Committee is here to help! We’ve prepared some information and guidance to ensure that our observing team members are supported and respected during this important time. What is Ramadan? Ramadan, in Islam, is the ninth month of the Muslim calendar and the holy month of fasting. What do Peak Power - [Peak Power Receives $765,000 From Canadian Government to Deploy 117 V1G EV Chargers](https://peakpowerenergy.com/2022/07/12/peak-power-receives-765000-from-canadian-government-to-deploy-117-v1g-ev-chargers/) - Peak Power Synergy technology, which is currently used in the company’s successful Peak Drive EV charging project, will underpin the chargers. - [Federal Tax Incentives for Energy Storage Systems: IRA Spotlight](https://peakpowerenergy.com/2022/11/02/federal-tax-incentives-for-energy-storage-systems-ira-spotlight/) - Learn about the Inflation Reduction Act, and the federal tax incentives for energy storage systems, that are about to transform electricity markets in the US. - [Mother's Day Interview with Leigh Billinghurst](https://peakpowerenergy.com/2022/05/06/mothers-day-interview-with-leigh-billinghurst/) - Leigh Billinghurst, mom and Senior Director of People & Culture tells us what it’s like to be a working mom, how companies can support moms, and what it’s like to develop and receive that support. - [Growth in 2020 Spurs Diverse Additions to Peak Power’s Executive Team](https://peakpowerenergy.com/2021/03/04/growth-in-2020-spurs-diverse-additions-to-peak-powers-executive-team/) - Peak Power adds diverse strengths and broadened thought leadership to team to support scale-up - [A How-To on Battery Energy Storage Project Development](https://peakpowerenergy.com/2023/08/22/how-to-battery-energy-storage-project-development/) - To achieve a sustainable energy future, we must develop battery storage at a record pace Learn more about Battery Energy Storage Project Development in this post. - [Driving Canada's Energy Revolution: Powering Canada Forward](https://peakpowerenergy.com/2023/08/25/canada-energy-policy-powering-canada-forward/) - The federal government recently unveiled a plan named "Powering Canada Forward." This new Canadian Energy Policy lays out how to achieve a net zero electricity grid by 2035 - [World Meteorological Day: An Interview with our Senior Meteorologist](https://peakpowerenergy.com/2023/03/21/world-meteorological-day-an-interview-with-our-senior-meteorologist/) - We spoke with Senior Meteorologist John Milton about weather. Read more about World Meteorological Day 2023. Get the latest news at Peak Power Energy. - [Peak Power Inc. Secures Funding from Hatch and BDC](https://peakpowerenergy.com/2021/01/26/peak-power-inc-secures-funding-from-hatch-and-bdc/) - Peak announced today that it has received further funding from BDC Capital, the investment arm of BDC and Canadian Shield Capital, the investment arm of Hatch, a global engineering consultancy. BDC Capital and Canadian Shield Capital join Export Development Canada (EDC) and Sensata Ventures as investors to support Peak’s global expansion. - [Understanding the Financial Benefits of Energy Storage for Industrial and Manufacturing Facilities](https://peakpowerenergy.com/2023/08/09/financial-benefits-energy-storage-system-indutrial-facility/) - An energy storage system doesn’t have to be costly. Your industrial or manufacturing facility can use incentives to improve project economics, cutting costs and even producing new revenue streams. - [Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry](https://peakpowerenergy.com/2017/05/11/peak-power-receives-strategic-investment-from-osmington-inc-to-target-booming-energy-storage-industry/) - We are delighted to have Osmington as a strategic partner to target the behind-the-meter energy storage market said Derek Lim Soo, Peak Power's founder and CEO. - [Peak Power to deploy energy storage systems with Starlight...](https://peakpowerenergy.com/2020/03/30/peak-power-to-deploy-energy-storage-systems-with-starlight/) - Agreement to install up to 2350kW / 4700kWh of energy storage systems to target Ontario peak demand charges with Starlight Investment - [Peak Power Partners with Diamond Generating Corporation…](https://peakpowerenergy.com/2020/06/01/peak-power-partners-with-diamond-generating-corporation/) - Peak Power Inc. announced today that it has been awarded a contract by Diamond Generating Corporation ("DGC") to provide software services. - [Saturn Power to Partner with Peak Power on Software...](https://peakpowerenergy.com/2020/07/01/saturn-power-to-partner-with-peak-power-on-software/) - Peak Power Inc. announced a partnership with Saturn Power to provide software services for an upcoming energy storage project in Ontario. - [Peak Team Member Profile: Valerie Kitchell](https://peakpowerenergy.com/2021/06/06/peaker-profile-valerie-kitchell/) - Valerie Kitchell leads our excellent all-female asset management team and is an advocate for diversity in the energy industry. ## Pages - [Home](https://peakpowerenergy.com/) - Battery Energy Storage System development & energy optimization solutions for large energy users to cut costs and pursue net zero. Visit our site to learn how. - [Incentives and Programs](https://peakpowerenergy.com/battery-energy-storage-operation-resources/incentives-programs/) - Explore energy incentives and demand response programs in our operating areas: Ontario, New York, Massachusetts, and California. Resources from Peak Power. - [News](https://peakpowerenergy.com/cleantech-energy-news/) - Peak Power is a leading cleantech energy company at the forefront of the clean energy transition. See how we’re making the headlines or request a press kit. - [Energy Optimization Solutions](https://peakpowerenergy.com/energy-storage-management/) - Transform energy storage management and energy optimization, with or without an on-site battery storage system, with grid event notification or battery optimization - [Innovation](https://peakpowerenergy.com/commercial/innovation/) - We’re proving the business case for clean energy investments. Learn how Peak Power is helping to drive innovation in the energy and C&I space. - [About Peak Power](https://peakpowerenergy.com/about-us-distributed-energy-resources/) - Peak Power is a cleantech company at the forefront of the energy transition, contributing to a future powered by Distributed Energy Resources. - [Benefits](https://peakpowerenergy.com/energy-storage-benefits/) - Tap into the power of battery storage and energy management from Peak Power. Click here to explore the benefits. - [Contact Us](https://peakpowerenergy.com/contact-peak-power-inc/) - Contact Peak Power Inc. and learn more about our cleantech solutions. Proudly serving commercial and industrial customers with energy storage solutions - [Corporate, Industrial, and Academic Campuses](https://peakpowerenergy.com/who-we-serve/corporate-industrial-academic-campuses/) - We’re helping corporate, industrial, and academic campuses deploy commercial battery storage to positively impact the bottom line. - [Battery Development](https://peakpowerenergy.com/battery-energy-storage-development/) - Cut energy costs by 15% with our end-to-end energy storage solutions and battery development for manufacturing, industrial, and commercial facilities in Canada and the US. - [Manufacturing and Processing](https://peakpowerenergy.com/who-we-serve/manufacturing-processing/) - We’re going beyond industrial energy management, deploying and optimizing battery storage to keep your production line running while reducing costs. - [Cold Storage, Warehousing, and Logistics](https://peakpowerenergy.com/who-we-serve/logistics/) - Look beyond energy efficiency for logistics energy management. Deploying and optimizing battery storage keeps your operations running while reducing costs. - [FAQs](https://peakpowerenergy.com/battery-energy-storage-operation-resources/faqs/) - Frequently Asked Questions on BESS Energy and Battery Energy Storage Systems. Is there a zero capex for some battery storage systems? How long for installation? - [Financing (Step 3)](https://peakpowerenergy.com/battery-energy-storage-development/financing-battery-storage-cost/) - Energy storage financing with a no-cost, shared savings model that eliminates battery storage costs and offloads market risks. Learn how it works. - [Resources](https://peakpowerenergy.com/battery-energy-storage-operation-resources/) - Power your energy knowledge with our vast array of resources around energy, battery energy storage operation, and more. Helping you navigate energy markets. - [Where we work](https://peakpowerenergy.com/where-we-work/) - Where we work | Battery Storage Solutions in Canada and the USA | Ontario | Massachusetts | California - [Who We Serve](https://peakpowerenergy.com/who-we-serve/) - Who we serve | Battery Storage Solutions in Canada and the USA | Corporate, Industrial, and Academic Campuses | For Manufacturing and Processing Facilities | For Logistics Facilities - [New York](https://peakpowerenergy.com/where-we-work/managing-nyiso-icap/) - We work with a wide range of commercial and industrial building owners and managers to help reduce NYISO ICAP costs and scope 2 emissions. - [Energy Solutions](https://peakpowerenergy.com/energy-storage-solutions/) - Energy Storage and Energy Optimization Solutions for Large Energy Users. Reduce energy costs, unlock market revenue, and pursue your facility net zero goals. - [Ontario](https://peakpowerenergy.com/where-we-work/ontario-managing-global-adjustment/) - We work with Class A facilities in Ontario to help reduce Global Adjustment costs and scope 2 emissions. - [Commercial](https://peakpowerenergy.com/commercial/) - We develop Battery Energy Storage projects across Canada and the United States. View our latest project highlights, case studies, and innovation pilots. - [Virtual Power Plants](https://peakpowerenergy.com/commercial/innovation/virtual-power-plants/) - Virtual power plants are the path forward to making dirty power plants obsolete. Learn more here. - [Investors](https://peakpowerenergy.com/about-us-distributed-energy-resources/cleantech-investment/) - The trends in Cleantech investment are presenting a generational opportunity as the world makes dramatic shifts towards electrification and decarbonization. - [Energy Management Services](https://peakpowerenergy.com/energy-storage-management/energy-management-services/) - Energy management services from Peak Power using our proprietary, industry-leading software. Improve economic and environmental value with your battery storage assets. - [Coincident Peak Notifications](https://peakpowerenergy.com/energy-storage-management/coincident-peak-notifications/) - Get day-ahead and real-time notification of coincident peak notifications to reach your curtailment and demand response goals to slash demand charges. Contact us today. - [New Jersey](https://peakpowerenergy.com/where-we-work/new-jersey/) - Reduce peak demand costs and earn revenue with Battery Storage and PJM Demand Response in New Jersey. Learn how large energy users can benefit with Peak Power. - [Blog](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/) - Explore resources, stay up-to-date on current events, get to know our team, and celebrate success on View from the Peak: The Peak Energy Power Blog. - [Project Management (Step 2)](https://peakpowerenergy.com/battery-energy-storage-development/project-management-ci-energy-storage/) - End-to-end solutions and project management for C&I energy storage. Talk to us about our no-cost, shared savings battery storage offering for large energy users. - [California](https://peakpowerenergy.com/where-we-work/california-battery-storage-incentives/) - We help California commercial and industrial facilities cut electricity costs and leverage California Battery Storage Incentives, including CAISO programs. - [Massachusetts](https://peakpowerenergy.com/where-we-work/massachusetts-energy-storage-incentives/) - We enable commercial and industrial facilities to reduce electricity costs and take advantage of Massachusetts Energy Storage Incentives to maximize savings. - [Channel Partner Program](https://peakpowerenergy.com/about-us-distributed-energy-resources/channel-partner-program/) - Grow Your Business with Energy Storage. Energy Storage as a Service enables partners to make money with energy storage. Optimize project economics by offering your customers NO COST energy storage solution. - [Feasibility Assessment (Step 1)](https://peakpowerenergy.com/battery-energy-storage-development/feasibility-solar-energy-storage/) - Offering manufacturing, industrial, and commercial facilities feasibility assessments to determine viability of solar energy storage. Let us take the load off. - [Battery Operation (Step 5)](https://peakpowerenergy.com/battery-energy-storage-development/industrial-demand-response-battery-optimization/) - We'll help your facility go beyond commercial and industrial demand response programs with AI-enabled battery operation and optimization from Peak Power. - [Construction (Step 4)](https://peakpowerenergy.com/battery-energy-storage-development/energy-storage-system-construction/) - We manage energy storage system construction with our end-to-end BESS solutions. Pursue net zero goals and reduce energy costs at your facility. - [EV Charger Management](https://peakpowerenergy.com/battery-energy-storage-development/ev-charger-management/) - Advance your energy management strategies and future-proof your portfolio with EV charger management from Peak Power. We'll help you deploy and optimize EV charging. - [Our Team](https://peakpowerenergy.com/about-us-distributed-energy-resources/peak-power-team/) - At Peak Power, our world-class executive team brings deep experience across energy, engineering, software, and real estate. - [Glossary of Terms](https://peakpowerenergy.com/battery-energy-storage-operation-resources/glossary-energy-terms-peak-shaving/) - Understand Energy Industry terms and acronyms – Global Adjustment, Peak Shaving, Peak Demand, and more – with our comprehensive lossary of terms. - [Careers](https://peakpowerenergy.com/cleantech-jobs/) - Build your career with cleantech jobs at Peak Power. Generous vacation and benefits policy and commitment to diversity and inclusion. Find open positions here. ## JetPopup - [Team Bio Popup](https://peakpowerenergy.com/jet-popup/team-bio-popup/) - Team Bio Popup ## My Templates - [U-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=u-battery-storage-software-solutions) - Utility Incentives Program (UIP) Utility Incentives Programs are offered by utility companies to provide financial incentives for energy efficiency projects. These incentives can make energy retrofits and upgrades more feasible for a property and can also inform which utility company an energy manager chooses. It can be in the form of rebates, tax mitigation, or - [T-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=t-battery-storage-software-solutions) - Terawatt-Hour (TWh) A TWh, or terawatt-hour, is a unit measure of electrical energy that represents one trillion watts outputted during one hour of time. This measure is large enough to calculate usage on the national or continental scale (such as calculating a single country’s energy demand). Time-of-Use Bill Management Time of Use Bill Management involves - [S-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=s-battery-storage-software-solutions) - Smart Renewables And Electrification Pathways Program (SREP) SREP is an NRCAN-managed funding program that incentivizes smart-grid projects that facilitate the transition from unsustainable energy to renewable resources. It boasts a grand total of up to $25,000,000 in support over several years. Some of the key components of this type of funding are providing knowledge and - [O-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=o-battery-storage-software-solutions) - Ontario Energy Board (OEB) Ontario’s independent energy regulator, the OEB, serves the public interest. It discusses and codifies rules that ensure consumers are treated fairly, provides oversight on how electricity companies operate, and that the energy system is reliable and sustainable. Ontario Power Authority (OPA) The OPA was an independent, non-profit entity reporting to Ontario’s - [L-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=l-battery-storage-software-solutions) - Leadership in Energy and Environmental Design (LEED®) LEED is a third-party certificate program under the U.S. Green Building Council (USGBC). It is a nationally accepted benchmark for the design, construction and operation of high-performance sustainable buildings. Certificate levels are as follows: Certified, Silver, Gold or Platinum. The levels are based on points obtained in six - [M-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=m-battery-storage-software-solutions) - Marginal Emissions Factor (MEF) The MEF is a statistical number that represents the changes in carbon emissions as a result of influencing changes in demand and/or reducing emissions in power generation. It can be used in predictions by modulating the demand load. Megawatt (MW) A megawatt (MW) is a unit measure of electrical energy that - [I-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=i-battery-storage-software-solutions) - Independent Electricity System Operator (IESO) The Independent Electricity System Operator (IESO) operates across the electricity industry of Ontario: it is an independent, not-for-profit agency that regulates the power system in real time, planning for the province’s future energy demand needs. IESO is also tasked with incentivizing conservation and designing a more efficient marketplace to support - [H-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=h-battery-storage-software-solutions) - Hour Ending (HE) Hour ending is a measure of an hour, or 60 minutes of time, but specifically, a timeframe where the ending hour is at its 00 starting point. Example: the time period from 02:00 AM to 03:00 AM is the hour ending 3, or HE3. Hourly Ontario Energy Price (HOEP) The HOEP is - [G-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=g-battery-storage-software-solutions) - Global Adjustment (GA) All electricity customers in Ontario pay a Global Adjustment (GA), which covers the cost of building new electricity infrastructure in the province, regulated rates paid to electricity suppliers under contract, and the costs of delivering the province’s energy efficiency and conservation programs. In general, the GA is lower when the Ontario Price - [E-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=e-battery-storage-software-solutions) - Electric Vehicle (EV) An electric vehicle (EV) is any car, truck, train or plane that uses electrical motors with batteries to power itself. Other electricity-powered vehicles are included in this definition depending on whether they require a driver or they can carry passengers (e.g. drones, golf carts, trams, cable cars or shuttle buses on rail - [D-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=d-battery-storage-software-solutions) - Demand Charge The demand charge is the estimated cost of transmitting and distributing electricity. Unlike energy charges which are typically billed on a $/kWh basis, demand charges are typically billed on a $/kW basis based on a facility’s peak load during the month. Demand Charge Management (DCM) Demand charge management (DCM) is a technique to - [C-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=c-battery-storage-software-solutions) - California Independent System Operator (CAISO) The California Independent System Operator (CAISO) is an agency that manages the electric power grid for almost all of California. CAISO’s directives are threefold: to serve its customers in the wholesale electricity market, encourage clean, affordable energy from various sources within the marketplace, and maintain a secure power grid. They - [P-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=p-battery-storage-software-solutions) - Peak Demand Typically defined by utilities as the electrical demand (kW) over a given 15-minute interval in a given billing cycle. The largest 15-minute interval in the billing cycle sets the demand charge on your electricity bill. Peak demand is most often set by many pieces of equipment turning on at the exact same time, thereby - [A-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=a-battery-storage-software-solutions) - Advanced Research Projects Agency-Energy (ARPA-E) ARPA-E is the US Department of Energy’s agency that specifically finances innovation and invention in the energy sector, i.e. high-risk, high-reward research and development that transforms the way we generate, store, distribute, and consume energy. It was created in 2007 by executive order to fill the critical gap in American - [Main Header](https://peakpowerenergy.com/?elementor_library=main-header) - Content area - [Category Template](https://peakpowerenergy.com/?elementor_library=category-template) - Category Template Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond July 9, 2026 Ontario Global Adjustment (GA) is a charge applied to electricity bills that covers the difference between the market price of electricity and the actual cost of building, maintaining, and contracting the province’s power generation. For large commercial and - [Default Kit](https://peakpowerenergy.com/?elementor_library=default-kit) - [Single Project OP2](https://peakpowerenergy.com/?elementor_library=single-project-op2) - Single Project OP2 Summary Customer Location Activation READ MORE READ MORE Developed in partnership with Photo Gallery PrevPreviousFeatured Loop NextLoginNext BACK TO ALL PROJECTS BACK TO ALL PROJECTS Let’s Work Together Contact us about your project needs, or if you have a question about your current energy storage asset optimization. - [Main Footer](https://peakpowerenergy.com/?elementor_library=main-footer) - Content area - [Single Post Template](https://peakpowerenergy.com/?elementor_library=single-post-template) - Single Post Template OUR MEDIA COVERAGE OUR MEDIA COVERAGE Grid modernization leadership is being defined in real time as the electricity system evolves: more renewables, more battery energy storage development, more digitalization, higher peaks, and a faster pace of change across markets, policy, and technology. In honour of International Women’s Day, we hear from the - [Elementor Archive #5845](https://peakpowerenergy.com/?elementor_library=elementor-archive-5845) - Elementor Archive #5845 Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond July 9, 2026 Ontario Global Adjustment (GA) is a charge applied to electricity bills that covers the difference between the market price of electricity and the actual cost of building, maintaining, and contracting the province’s power generation. For large commercial - [Single Page For Blog](https://peakpowerenergy.com/?elementor_library=single-page-for-blog) - Single Page For Blog CONTACT PEAK POWER BOOK A CALL Single Page For Blog OUR MEDIA COVERAGE OUR MEDIA COVERAGE Grid modernization leadership is being defined in real time as the electricity system evolves: more renewables, more battery energy storage development, more digitalization, higher peaks, and a faster pace of change across markets, policy, and - [B-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=b-battery-storage-software-solutions) - Backup Power Backup Power entails providing auxiliary power sources like generators or energy storage systems to ensure a continuous and reliable electricity supply during grid outages or emergencies. Balance of Plant (BOP) BOP is the general term used to describe all the necessary equipment and auxiliary systems to transmit and distribute electricity in a plant. - [Block 2 - Back](https://peakpowerenergy.com/?elementor_library=block-2-back) - Battery Energy Storage System Optimization Optimize your energy management strategies with full-service battery operation and optimization or coincident peak notification services. LEARN MORE - [Block 2 Front](https://peakpowerenergy.com/?elementor_library=block-2-front) - Battery and Energy Optimization LEARN MORE - [Block 1 Back](https://peakpowerenergy.com/?elementor_library=block-1-back) - Battery Energy Storage System Development No-cost battery solutions with our 5-step battery development process. We make money on a share of the savings, aligning our incentives with your objectives. LEARN MORE - [Block 1 Front](https://peakpowerenergy.com/?elementor_library=block-1-home) - Battery Storage Development LEARN MORE - [News Blog Loop](https://peakpowerenergy.com/?elementor_library=news-blog-loop) - News Blog Loop READ BLOG POST - [Project archive](https://peakpowerenergy.com/?elementor_library=project-archive) - Projects IESO Distributed Energy Resources (DER) Test Events This innovative battery storage is one of the first projects to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. Read More » Data-Driven Curtailment Across a Multi-Building Portfolio In today’s volatile energy landscape, proactive energy demand management is becoming essential for commercial real - [Featured Loop](https://peakpowerenergy.com/?elementor_library=featured-loop) - Featured Loop - [Blog loop](https://peakpowerenergy.com/?elementor_library=blog-loop) - Blog loop Read More - [Blog - news loop](https://peakpowerenergy.com/?elementor_library=blog-news-loop) - Blog – news loop - [News & Media with Background](https://peakpowerenergy.com/?elementor_library=news-media-with-background) - News & Media with Background Read Article - [Elizabeth](https://peakpowerenergy.com/?elementor_library=elizabeth) - Content area - [V-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=v-battery-storage-software-solutions) - Vehicle Grid Integration (VGI) Vehicle Grid Integration (VGI) is an umbrella term for any technology or interactivity that allows interconnection between EVs and an electrical power grid. Vehicle-to-Grid (V2G) Vehicle-to-grid (V2G) refers to technology that allows car batteries to flow electrical power back to the power grid when necessary. An end-user or grid operator can - [F-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=f-battery-storage-software-solutions) - Federal Energy Regulatory Commission (FERC) The Federal Energy Regulatory Commission (FERC) is an independent board of policymakers that regulates the transmission and distribution of electricity and other energy resources between the individual states of the USA (e.g. crude oil, petrol, natural gas, and hydroelectric power). FERC is tasked with encouraging fair competition and fair pricing - [Resources: Glossary of Terms](https://peakpowerenergy.com/?elementor_library=resources-glossary-of-terms) - Glossary of Terms Comprehensive glossary of energy and battery storage system terms Talk To US Talk To US Navigating the ever-changing world of energy systems can be quite the challenge, especially when it feels like a new alphabet soup of acronyms and technical jargon is being served up every day. But don’t worry – Peak - [Z-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=z-battery-storage-software-solutions) - Zero Emission Vehicle Infrastructure Program (ZEVIP) The Zero Emission Vehicle Infrastructure Program (ZEVIP) is a multimillion-dollar initiative by NRCAN, which concludes in 2027. The goal is to popularize vehicles/transportation that have a near-zero contribution of harmful pollutants and greenhouse gas emissions. Administered by NRCAN, the main thrust is to resolve the lack of charging and - [R-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=r-battery-storage-software-solutions) - Regional Transmission Organization (RTO) An RTO is involved in the transmission phase of an energy supply system. Its operations are centered on monitoring the transmission of electrical power by providing adequate checks and balances (system controls). Testing and safety are also primary concerns, as an RTO can operate in interprovincial and interstate networks. Resource Adequacy - [N-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=n-battery-storage-software-solutions) - Natural Resources Canada (NRCan) NRCan is a Canadian governmental department that was formed by merging the departments of Forestry, Energy, Mines, and Resources. The department administers federal regulations, manages natural resources like forests, minerals, and metals, and liaises with other North American governments. Their core aim is to manage natural resources sustainably. New York Battery - [K-battery-storage-software-solutions](https://peakpowerenergy.com/?elementor_library=k-battery-storage-software-solutions) - Kilowatt (kW) A unit measure for the rate of electricity consumed by a machine or building. A kilowatt is 1000 watts of electrical power. Kilowatt Hour (kWh) The Kilowatt-hour is the total amount of electrical power consumed in one hour. If the rate of usage is 1kW, then after an hour, an appliance would draw - [Power plants section](https://peakpowerenergy.com/?elementor_library=power-plants-section) - Let’s Make Power Plants Obsolete The current centralized electricity system is not sustainable. Between the climate crisis, state-wide blackouts, aging infrastructure, and rising costs, the system needs a huge overhaul. The demand for electricity is high – and getting higher – and big power plants aren’t meeting our needs. We’re a small but mighty company at - [OLD Footer](https://peakpowerenergy.com/?elementor_library=old-footer) - Content area - [Projects](https://peakpowerenergy.com/?elementor_library=projects) - Developing battery energy storage systems for the future Project Highlights EXPLORE THE BENEFITS Led by Innovation. Powered by Experience. Peak Power’s predictive capabilities have been independently proven across several markets with operational battery energy storage systems and distributed energy resources. Our leaders bring together executive expertise from energy, real estate, and software industries to push - [Form](https://peakpowerenergy.com/?elementor_library=form) - Join the Cleantech Investment Boom We welcome discussions from investment funds, private investors, and organizations looking to tap into the potential of the decentralized energy revolution. - [old resources tab](https://peakpowerenergy.com/?elementor_library=old-resources-tab) - Additional Resources by Topic All Building Optimization Tenant Attraction and Retention Proptech and Cleantech Energy and Battery Storage Decarbonization Environmental Sustainability Electric Vehicles Diversity, Equity, and Inclusion All Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced - [Incentive Loop](https://peakpowerenergy.com/?elementor_library=incentive-loop-2) - Incentive Loop - [404](https://peakpowerenergy.com/?elementor_library=404) - Yikes. This is an unexpected outage.Luckily, we have a backup! With our website, just like our battery operations, we plan for every scenario. This 404 page is our backup just in case we have a broken link on our site. Not to worry, you can scroll down to navigate back to our main site or - [Team Testimonial Loop](https://peakpowerenergy.com/?elementor_library=team-testimonial-loop-2) - – Team Testimonial Loop - [Single Innovation (needs do add a Instance)](https://peakpowerenergy.com/?elementor_library=elementor-single-post-262) - Single Innovation (needs do add a Instance) EXPLORE THE BENEFITS Innovation Project Overview Customer Location Site Capacity Size Solving for READ MORE Press Release READ MORE “Canada is home to many of the global leaders in real estate and Canadian proptech companies are increasingly playing a prominent role in advancing technology in the industry.” Proptech - [Executive Team Loop](https://peakpowerenergy.com/?elementor_library=executive-team-loop) - Read Bio Executive Team Loop - [Team Testimonial Loop](https://peakpowerenergy.com/?elementor_library=team-testimonial-loop) - – Team Testimonial Loop - [News & Media Loop](https://peakpowerenergy.com/?elementor_library=news-media-loop) - News & Media Loop Read Article - [Innovation Project Single](https://peakpowerenergy.com/?elementor_library=innovation-project-single) - Innovation Project Single Grid modernization leadership is being defined in real time as the electricity system evolves: more renewables, more battery energy storage development, more digitalization, higher peaks, and a faster pace of change across markets, policy, and technology. In honour of International Women’s Day, we hear from the women leaders at Peak Power on - [[Resources] Diversity, Equity, and Inclusion](https://peakpowerenergy.com/?elementor_library=diversity-equity-and-inclusion) - Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced today a strategic investment from Osmington Inc., that will support the scale up of the Company’s North American growth plans for the energy storage market. “We are delighted - [Resources-Blog](https://peakpowerenergy.com/?elementor_library=resources-blog) - Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced today a strategic investment from Osmington Inc., that will support the scale up of the Company’s North American growth plans for the energy storage market. “We are delighted - [[Resources] Decarbonization](https://peakpowerenergy.com/?elementor_library=decarbonization) - Nullam molestie elementum turpis vel pellentesque. Pellentesque tincidunt mauris lobortis neque semper interdum. Vivamus pretium malesuada erat quis suscipit. Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced today a strategic investment from Osmington Inc., that will - [[Resources] Building Optimization](https://peakpowerenergy.com/?elementor_library=building-optimization-2) - Today’s buildings are complex with interdependent systems and sophisticated controls. Therefore, even a small operational problem can greatly disrupt a building’s performance. Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced today a strategic investment from Osmington - [[Resources] Tenant Attraction and Retention](https://peakpowerenergy.com/?elementor_library=tenant-attraction-and-retention) - Throughout the rental industry, great tenants are worth their weight in gold. Whether it is paying on time, quickly reporting issues, or showing general respect for your property, these are the occupants you want to find and keep as a landlord. Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry - [[Resources] Proptech and Cleantech](https://peakpowerenergy.com/?elementor_library=proptech-and-cleantech) - Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced today a strategic investment from Osmington Inc., that will support the scale up of the Company’s North American growth plans for the energy storage market. “We are delighted - [[Resources] Energy and Battery Storage](https://peakpowerenergy.com/?elementor_library=energy-and-battery-storage) - Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced today a strategic investment from Osmington Inc., that will support the scale up of the Company’s North American growth plans for the energy storage market. “We are delighted - [[Resources] Environmental Sustainability](https://peakpowerenergy.com/?elementor_library=environmental-sustainability) - Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced today a strategic investment from Osmington Inc., that will support the scale up of the Company’s North American growth plans for the energy storage market. “We are delighted - [[Resources] Electric Vehicles](https://peakpowerenergy.com/?elementor_library=electric-vehicles) - Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced today a strategic investment from Osmington Inc., that will support the scale up of the Company’s North American growth plans for the energy storage market. “We are delighted - [Bkp-depoiments-our-carrers](https://peakpowerenergy.com/?elementor_library=bkp-depoiments-our-carrers) - Join our Team Explore clean tech jobs at Peak Power… and get ready to make a difference in the world. I love having the opportunity to work with a team with diverse knowledge and expertise that is helping drive the future of energy optimization.Sangit PatelOperations Specialist I love the diversity at Peak. It's impressive. The - [Partner Loop](https://peakpowerenergy.com/?elementor_library=partner-loop) - [Leigh](https://peakpowerenergy.com/?elementor_library=leigh) - Content area - [Derek](https://peakpowerenergy.com/?elementor_library=derek) - Content area - [Matthew](https://peakpowerenergy.com/?elementor_library=matthew) - Content area - [Mabel](https://peakpowerenergy.com/?elementor_library=mabel) - Content area - [Angus](https://peakpowerenergy.com/?elementor_library=angus) - Content area - [Phil](https://peakpowerenergy.com/?elementor_library=phil) - Content area - [Charanjit](https://peakpowerenergy.com/?elementor_library=charanjit) - Content area - [Jason](https://peakpowerenergy.com/?elementor_library=jason) - Content area - [Elaine](https://peakpowerenergy.com/?elementor_library=elaine) - Content area - [Kim](https://peakpowerenergy.com/?elementor_library=kim) - Content area - [Scott](https://peakpowerenergy.com/?elementor_library=scott) - Content area - [Nathan](https://peakpowerenergy.com/?elementor_library=nathan) - Content area - [Vishu](https://peakpowerenergy.com/?elementor_library=vishu) - Content area - [Login](https://peakpowerenergy.com/?elementor_library=login) - Content area - [All Partner](https://peakpowerenergy.com/?elementor_library=all-partner) - Bacon ipsum dolor amet filet mignon brisket pork loin ribeye, fatback pastrami shoulder buffalo spare ribs venison jerky kevin pork chop tongue. See More - [Financing](https://peakpowerenergy.com/?elementor_library=financing) - Bacon ipsum dolor amet filet mignon brisket pork loin ribeye, fatback pastrami shoulder buffalo spare ribs venison jerky kevin pork chop tongue. See More - [Innovation projects](https://peakpowerenergy.com/?elementor_library=innovation-projects) - Innovation projects Project Highlight Title Lorem ipsum dolor sit amet, consecter adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore. READ MORE - [Category](https://peakpowerenergy.com/?elementor_library=category) - Category Project Highlight Title Lorem ipsum dolor sit amet, consecter adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore. READ MORE - [Commercial projects](https://peakpowerenergy.com/?elementor_library=commercial-projects) - Commercial projects Project Highlight Title Lorem ipsum dolor sit amet, consecter adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore. READ MORE ## Resources - [Downtime Cost Calculator](https://peakpowerenergy.com/resources/downtime-cost-calculator/) - This calculator resource can help you understand the cost of downtime in your facility. - [Ontario Energy for Generations Plan](https://peakpowerenergy.com/resources/ontarios-energy-plan/) - Learn about Ontario’s integrated plan to power the strongest economy in the G7. - [Solar + Storage Resource Guide](https://peakpowerenergy.com/resources/solar-storage-resource-guide/) - This planning guidance document, while created for municipalities, offers wide-ranging information applicable for all types of organizations interested in these clean technologies - [Real Reliability: The Value of Virtual Power](https://peakpowerenergy.com/resources/real-reliability-the-value-of-virtual-power/) - This Brattle Group study explores the cost and ability to serve critical resource adequacy needs from an emerging resource: virtual power plants (VPPs). - [EPA Equivalencies Calculator](https://peakpowerenergy.com/resources/epa-equivalencies-calculator/) - Convert emissions or energy data into concrete terms you can understand — such as the annual CO2 emissions of cars, households, and power plants. - [Advanced Clean Energy Program: Battery Storage](https://peakpowerenergy.com/resources/advanced-clean-energy-program-battery-storage/) - The Battery energy storage pillar of the National Research Council of Canada's (NRC) Advanced Clean Energy program. Developing next-generation energy storage materials and devices. - [The True Cost of Downtime](https://peakpowerenergy.com/resources/true-cost-downtime-manufacturing/) - At the bottom end, the costs of a lost hour are now $36,000 in Fast Moving Consumer Goods. At the top end, they are $2.3 million in the Automotive sector. - [How Storage Boosts Grid Resilience](https://peakpowerenergy.com/resources/how-storage-boosts-grid-resilience/) - This NARUC paper explains how behind-the-meter energy storage systems can support critical operations during outages and improve overall grid stability. - [How Storage Enhances Resilience and Reliability](https://peakpowerenergy.com/resources/how-storage-enhances-resilience-and-reliability/) - This NARUC report explores how behind-the-meter battery storage improves power reliability for commercial and industrial users—especially during grid disruptions or peak demand. - [How Energy Storage Supports Ontario’s Grid](https://peakpowerenergy.com/resources/how-energy-storage-supports-ontarios-grid/) - This official IESO resource explains the role of energy storage in improving reliability, managing peak demand, and enabling renewable energy integration in Ontario’s electricity system. - [Canada’s National Battery Strategy](https://peakpowerenergy.com/resources/canadas-national-battery-strategy/) - Natural Resources Canada outlines how battery innovation supports grid reliability, electrification, and clean energy growth—with benefits for industrial energy storage deployment. - [Canada’s Net-Zero Challenge](https://peakpowerenergy.com/resources/canadas-net-zero-challenge/) - This voluntary federal program helps industrial companies create and disclose net-zero emissions plans using government-provided templates and guidance. - [U.S. Department of Energy: Demand Response Basics](https://peakpowerenergy.com/resources/what-is-load-curtailment/) - This federal resource explains how demand response programs help industrial and commercial users lower energy use during peak hours—saving costs while improving grid reliability. - [Demand Response Incentives for New York Businesses](https://peakpowerenergy.com/resources/demand-response-incentives-for-new-york-businesses/) - National Grid offers financial incentives to large commercial and industrial customers who reduce electricity use during peak events—helping lower operational costs and support grid stability. - [Smarter Load Strategies for Industry](https://peakpowerenergy.com/resources/smarter-load-strategies-for-industry/) - This Duke University report highlights how commercial and industrial facilities can reduce peak demand costs and grid strain through curtailment, storage, and demand flexibility. - [Maximizing ROI from DERs in Ontario](https://peakpowerenergy.com/resources/maximizing-roi-from-ders-in-ontario/) - This joint report from the OEB and IESO explains how industrial facilities can benefit from improved compensation frameworks for behind-the-meter storage, flexible load, and energy management. - [Real-Time Energy Management Support (New York)](https://peakpowerenergy.com/resources/real-time-energy-management-support-new-york/) - This NYSERDA resource connects New York businesses with qualified solution providers to implement real-time energy management systems that cut costs and improve operational control. - [Grants for Industrial Energy Projects in Canada](https://peakpowerenergy.com/resources/grants-for-industrial-energy-projects-in-canada/) - This federal program helps manufacturers invest in energy management systems, battery storage, and retrofits through cost-shared funding up to $161 million. - [How to Build an Energy Management Plan](https://peakpowerenergy.com/resources/how-to-build-an-energy-management-plan/) - This NRCan guide helps industrial teams implement strategies like ISO 50001, monitoring, and on-site battery integration to improve facility performance. - [New York’s Climate Action Plan](https://peakpowerenergy.com/resources/new-yorks-climate-action-plan/) - This official roadmap outlines how the state will achieve zero-emissions electricity by 2040, including battery storage, electrification, and industrial decarbonization strategies. - [U.S. Storage Growth Forecast](https://peakpowerenergy.com/resources/u-s-storage-growth-forecast/) - This U.S. regional briefing outlines how battery deployment is accelerating to meet decarbonization targets, driven by federal incentives and industrial demand. - [Canada’s Energy Storage Outlook](https://peakpowerenergy.com/resources/canadas-energy-storage-outlook/) - This 2024 market report highlights how battery storage is scaling across Canada to support industrial electrification, with 8–12 GW projected by 2035. - [How Batteries Improve Grid Reliability](https://peakpowerenergy.com/resources/how-batteries-improve-grid-reliability/) - This summary highlights findings from a major NERC report, showing how battery systems help prevent outages, support grid stability, and protect critical operations—especially in high-demand regions. - [Energy Efficiency Hub for Ontario Businesses](https://peakpowerenergy.com/resources/energy-efficiency-hub-for-ontario-businesses/) - This IESO page brings together all funding, tools, and support available to help commercial and industrial facilities in Ontario cut energy use and improve system performance. - [Cut Energy Costs in New Jersey Facilities](https://peakpowerenergy.com/resources/cut-energy-costs-in-new-jersey-facilities/) - PSE&G’s BizSave program helps industrial and manufacturing sites in New Jersey lower energy use through audits, incentives, and upgrades like compressed air systems and process controls. - [Get Expert Help to Cut Energy Use](https://peakpowerenergy.com/resources/get-expert-help-to-cut-energy-use/) - Ontario businesses can access funding to bring certified energy managers in-house, giving industrial teams expert support to lower costs and drive energy savings year-round. - [Ontario Industrial Efficiency Incentives](https://peakpowerenergy.com/resources/ontario-industrial-efficiency-incentives/) - This Save on Energy program offers up to $5 million per project to help large industrial facilities in Ontario reduce energy use through proven technologies and systems optimization. - [Storage Pathways to Industrial Decarbonization](https://peakpowerenergy.com/resources/storage-pathways-to-industrial-decarbonization/) - This industry-backed summary explores how energy storage technologies can support emissions reduction in heavy industries like steel and cement through flexible, low-carbon energy solutions. - [Industrial Support for Energy Storage](https://peakpowerenergy.com/resources/industrial-support-for-energy-storage/) - This joint report by Energy Storage Canada and the Ontario Energy Association outlines how energy storage can strengthen resiliency and decarbonization efforts for industrial sectors in Ontario. - [Canada’s Battery Strategy](https://peakpowerenergy.com/resources/canadas-battery-strategy/) - This national plan from NRCan highlights how battery technology supports industrial electrification and long-term sustainability goals beyond electric vehicles. - [New Jersey Energy Master Plan](https://peakpowerenergy.com/resources/new-jersey-energy-master-plan/) - New Jersey’s updated Energy Master Plan outlines targets for energy storage, electrification, and infrastructure investment to help businesses prepare for a 100% clean electricity future by 2035. - [Electric Vehicle Impact on Energy, Policy, and Power Systems](https://peakpowerenergy.com/resources/electric-vehicle-impact-on-energy-policy-and-power-systems/) - The essence of this study is to cover the main components of the EV ... and investigate the impacts of the high insertion in the power systems - [How Canada Could Become a Global Powerhouse in EV Production](https://peakpowerenergy.com/resources/how-canada-could-become-a-global-powerhouse-in-ev-production/) - A 'mines to mobility' ecosystem could help position Canada as an EV sector leader - [Building Automation Optimization Strategies](https://peakpowerenergy.com/resources/building-automation-optimization-strategies/) - From the smart buildings academy podcast. Teaching you building automation, systems integration, and information technology. ## Team Testimonials - [Kathryn W.](https://peakpowerenergy.com/team-testimonials/kathryn-w/) - What stands out to me most about Peak Power is the people and our mission statement. It's energizing to collaborate with such a great team of inclusive, passionate, and intelligent folks on innovative and impactful projects. - [Kasun W.](https://peakpowerenergy.com/team-testimonials/john-milton/) - I value the freedom to share innovative ideas and have my voice heard at Peak Power. Embracing an ownership mindset fosters the exchange of knowledge and the opportunity to learn from others, which significantly strengthens our collective efforts toward achieving net zero goals. - [Shivani G.](https://peakpowerenergy.com/team-testimonials/funto-oshunmakinde/) - As the first HR hire at Peak Power, I’ve had the incredible and exhilarating opportunity to build the HR department and function from the ground up, fostering a people-centric culture and leading impactful initiatives from the very beginning. Guided by our company values, I’ve driven strategic people operations that directly support both business growth and ## Team - [Benjamin Baker](https://peakpowerenergy.com/team/benjamin-baker/) - [Doran Hole](https://peakpowerenergy.com/team/doran-hole/) - Doran Hole is a former CEO and CFO with more than 30 years of experience in global finance, management, and clean technology leadership. He previously served as EVP and CFO of Stem and Ameresco, where he led financial strategy, capital management, and digitization initiatives. Earlier, he was CEO, North America and Group VP, Strategy at - [Ashish Naik](https://peakpowerenergy.com/team/ashish-naik/) - Ashish is a Corporate Development, M&A, and Corporate Finance professional with over 13 years of experience driving growth and transformation across diverse industries. Previously Ashish played a pivotal role in the Corporate Development division of a high-growth SaaS company, where he contributed to more than doubling its revenue during his tenure. He brings extensive expertise - [Derek Lim Soo](https://peakpowerenergy.com/team/derek-lim-soo/) - Derek Lim Soo is a seasoned entrepreneur with over 20 years of leadership experience in clean technology and energy. Across senior roles in global firms and as Co-Founder of Peak Power, Derek has influenced the role of Distributed Energy Resources in key North American electricity markets.Known for his ability to bridge innovation, finance, and strategy, Derek - [Scott McBrayne](https://peakpowerenergy.com/team/scott-mcbrayne/) - At Peak Power, Scott oversees Sales, Project Development, Markets, and Operations. He delivers innovative energy solutions and market strategies, leading teams in constructing and integrating energy storage systems. Previously, as Senior Director of National Operations at Cadillac Fairview Corporation, Scott reduced costs via strategic procurement, optimized revenue, and implemented a $2.8M energy platform. With over - [Archie Adams](https://peakpowerenergy.com/team/archie-adams/) - Archie has over 7 years of experience in renewable energy, specializing in demand-side and solar and energy storage projects in the Northeastern US. Before joining Peak Power, Archie managed community solar and behind-the-meter energy storage project construction in Massachusetts and New York with Borrego Solar before moving into the development of on-site solar plus storage - [Farid Madhani](https://peakpowerenergy.com/team/farid-madhani/) - Farid is a climate finance professional with extensive experience in scaling functions for growth companies. Before joining Peak Power, Farid led and grew the project finance function at Northland Power (TSX:NPI), executing M&A and financing transactions for utility-scale renewable projects in the Americas and Europe. He started his career with the private investment team of - [Leigh Billinghurst](https://peakpowerenergy.com/team/leigh-billinghurst/) - With 15 years of experience in talent management and HR, Leigh has a wealth of knowledge and understanding of people. Most of her career has been spent working with high-growth organizations that are constantly evolving. Her strength is taking a holistic approach when partnering with companies to develop talent strategies, change management, training and development, - [Mark Reale](https://peakpowerenergy.com/team/mark-reale/) - Mark brings a wealth of software product development experience to his role as a Software Development Director at Peak Power. After 15 years as a founder of an agency that grew from a team of 4 to a team of 200 and serviced a variety of industries including finance, retail, insurance, health and entertainment, Mark - [Benson Hu](https://peakpowerenergy.com/team/benson-hu/) - Benson has 20 years of experience in software development and services. As the former Department Manager at UMPay, he led the team to be the third largest mobile payment company in China with a transaction volume of over 250M RMB per month. He grew and managed a team of over 60 software developers, designers, risk - [Jonathan Berube](https://peakpowerenergy.com/team/jonathan-berube/) - Jonathan is an award-winning marketer with regional and international accolades, including the prestigious Charge Energy Branding award. His experience extends beyond conventional boundaries, having founded and exited a 7-figure marketing agency and growing sales for a tech startup by more than 400% during the height of the pandemic. - [Katherine Hamilton](https://peakpowerenergy.com/team/katherine-hamilton/) - Katherine Hamilton, Chair of 38 North Solutions and two-time honouree among DC's 500 Most Influential People, is a distinguished international policy expert and clean energy advocate. With executive roles in clean power and electrification, she led World Economic Forum councils and served as President of the GridWise Alliance. Katherine, an electrical engineering graduate from Cornell - [Jason Levin](https://peakpowerenergy.com/team/jason-levin/) - Jason Levin is Executive Vice-President of Investments at Osmington Inc., a private real estate investment and development company owned by David Thomson, chairman of Thomson Reuters. Jason is responsible for a team of investment professionals that source and execute equity and debt investments in real estate, private equity and venture. In addition, Jason is a ## Partners - [Ash Grove Cement Company](https://peakpowerenergy.com/partners/ash-grove-cement-company/) - [Axiom](https://peakpowerenergy.com/partners/axiom/) - [Lactalis](https://peakpowerenergy.com/partners/lactalis/) - [Kipling](https://peakpowerenergy.com/partners/kipling/) - [Kingsett Capital](https://peakpowerenergy.com/partners/kingsett-capital/) - [Morguard](https://peakpowerenergy.com/partners/morguard/) - [Nexus](https://peakpowerenergy.com/partners/nexus/) - [Primaris REIT](https://peakpowerenergy.com/partners/primaris-reit/) - [Slate](https://peakpowerenergy.com/partners/slate/) - [Triovest](https://peakpowerenergy.com/partners/triovest/) ## News and media - [ICI: A Critical Tool to Ensure Grid Reliability in Ontario](https://peakpowerenergy.com/news-and-media/ici-grid-reliability-ontario/) - Ontario's electricity system is entering one of the most consequential periods in its history. Against that backdrop, this is exactly the right moment to reinforce one of Ontario's most proven and cost-effective reliability tools: the Industrial Conservation Initiative (ICI). - [Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates](https://peakpowerenergy.com/news-and-media/board-doran-hole-benjamin-baker/) - Doran Hole and Benjamin Baker bring deep clean energy, capital markets, and infrastructure investment experience as rising capacity prices sharpen the need for fast, flexible, dependable energy solutions - [Government of Canada Invests to Modernize Ontario’s Electricity Grid — Ensuring More Reliable Power for Ontarians](https://peakpowerenergy.com/news-and-media/government-of-canada-modernizing-ontario-electricity-grid/) - Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced over $13 million in federal funding to support five clean energy projects in Ontario that will help modernize existing electricity systems. - [Dependable Flexibility: The Fastest Path to a Resilient Grid](https://peakpowerenergy.com/news-and-media/energy-flexibility-grid-resiliency-farid-madhani/) - The next phase of the clean energy transition won’t be defined by who can build the biggest assets. It will be defined by who can build the fastest, most dependable ones. - [What every industrial facility manager needs to know about peak shaving and load shifting](https://peakpowerenergy.com/news-and-media/what-every-industrial-facility-manager-needs-to-know-about-peak-shaving-and-load-shifting/) - Two strategies industrial facilities can use to reduce high electricity demand charges. - [AI rewrites the corporate energy playbook](https://peakpowerenergy.com/news-and-media/ai-corporate-energy-playbook/) - Open Circuit Podcast, co-hosted by Stephen Lacey, Jigar Shah and Peak Power board member Katherine Hamilton. Together with their episode guest, Caroline Golin, they explore how emerging technologies are reshaping the corporate energy playbook. - [4 Factors that Make Behind-the-Meter Battery Storage Financeable](https://peakpowerenergy.com/news-and-media/4-factors-that-make-behind-the-meter-battery-storage-financeable/) - Financing behind-the-meter (demand-side) battery projects has always been challenging for commercial and industrial customers. Here are 4 factors that make it possible. - [Battery Energy Storage System ROI: 3 factors for profitability](https://peakpowerenergy.com/news-and-media/battery-energy-storage-system-roi-3-factors-for-profitability/) - Battery energy storage systems are a great way for manufacturing facilities to reduce costs and even generate additional revenue. However, these projects come at a high cost and have a lengthy and involved deployment process. Fortunately, there are strategies to protect the return on investment of these projects at every stage. - [Inside job: How AI can help reduce emissions in buildings](https://peakpowerenergy.com/news-and-media/inside-job-how-ai-can-help-reduce-emissions-in-buildings/) - Canadian tools that optimize electricity consumption are helping building operators drive down energy costs and shrink their carbon footprint. - [Why solar and wind power are key to preventing Toronto’s next storm-related blackout](https://peakpowerenergy.com/news-and-media/why-solar-and-wind-power-are-key-to-preventing-torontos-next-storm-related-blackout/) - Decentralization and resilience are the key words to building a power grid that can withstand sudden weather disasters like the Toronto rainstorm. - [SWTCH and Peak Power Partner to Optimize EV Charging and Energy Costs at Buildings Across North America](https://peakpowerenergy.com/news-and-media/swtch-and-peak-power-partner-to-optimize-ev-charging-and-energy-costs-at-buildings-across-north-america/) - SWTCH and Peak Power have integrated their industry-leading software solutions for optimizing EV charging usage and are collaborating to expand on their successful deployments at multi-tenant buildings - [Peak Power Launches $1,000 Bursary for Underrepresented Students in STEM and Cleantech Programs](https://peakpowerenergy.com/news-and-media/peak-power-launches-1000-bursary-for-underrepresented-students-in-stem-and-cleantech-programs/) - Peak Power has introduced a $1,000 Future Cleantech Leaders bursary to help students from diverse backgrounds studying STEM and Cleantech subjects in Ontario. - [The Leading 2023 Energy Storage Startups In The US](https://peakpowerenergy.com/news-and-media/the-leading-2023-energy-storage-startups-in-the-us/) - The market for energy storage is seeing a boom. Innovative storage business models that were virtually unthinkable a few years ago are now being sparked by a variety of variables, including flexibility and prices that are falling as well as advancements in digital technologies like artificial intelligence and predictive analytics. - [Startup Showcase: Peak Power Revolutionizes Energy Management for Smart Cities](https://peakpowerenergy.com/news-and-media/startup-showcase-peak-power-revolutionizes-energy-management-for-smart-cities/) - Unleashing the Power of Intelligent Energy with Peak Power. - [Optimisation software providers seek scale-up in key US battery storage markets](https://peakpowerenergy.com/news-and-media/optimisation-software-providers-seek-scale-up-in-key-us-battery-storage-markets/) - Energy optimisation software provider Peak Power has received US$35 million investment - [Hypercharge to Provide 58 EV Charging Stations to Condominium Development in Cambridge, Ontario](https://peakpowerenergy.com/news-and-media/hypercharge-to-provide-58-ev-charging-stations-to-condominium-development-in-cambridge-ontario/) - Funding for the project was sourced with the assistance of Peak Power, a cleantech company that deploys, operates and optimizes battery storage, grid-interactive buildings, and electric vehicles under a single software platform. - [Matthew Sachs Of Peak Power On How They Are Breaking the Cycle of Non-Renewable Consumption](https://peakpowerenergy.com/news-and-media/matthew-sachs-of-peak-power-on-how-they-are-breaking-the-cycle-of-non-renewable-consumption/) - Keep it simple. The energy industry is extremely complicated, and we can get so “into our own story” that we miss the forest for the trees. - [Making yogurt with batteries — a vision of Ontario’s net zero future](https://peakpowerenergy.com/news-and-media/making-yogurt-with-batteries-a-vision-of-ontarios-net-zero-future/) - Batteries at Etobicoke dairy and beyond let companies cut bills and gas-plant emissions while protecting power supply. - [The growth in electric vehicles will break our electricity grid — or revolutionize it](https://peakpowerenergy.com/news-and-media/the-growth-in-electric-vehicles-will-break-our-electricity-grid-or-revolutionize-it/) - If we allow a small fraction of EVs to provide energy back to the grid, we could eliminate the need for much of our existing natural gas peaker plants - [Tech Update: Testing psychedelics for anxiety; OpenText acquires rival; and Canadian firms land megadeals](https://peakpowerenergy.com/news-and-media/tech-update-testing-psychedelics-for-anxiety-opentext-acquires-rival-and-canadian-firms-land-megadeals/) - Despite the wider slowdown in tech sector funding, some Canadian ventures are bucking the trend. Toronto-based Peak Power, which creates software for optimizing energy use, has inked a deal with cleantech investor Madison Energy Investments worth $200 million in project financing - [Energy Management Startup Peak Power Raises $47M CAD to Expand Across US](https://peakpowerenergy.com/news-and-media/energy-management-startup-peak-power-raises-47m-cad-to-expand-across-us/) - Peak Power to expand energy storage tech as new US tax incentive drives adoption. - [How will AI shape the future of clean energy?](https://peakpowerenergy.com/news-and-media/how-will-ai-shape-the-future-of-clean-energy/) - I posed the question to experts at the foremost utility trade conference — DistribuTECH. - [The Cleanie Awards® Announces 2022 Winners](https://peakpowerenergy.com/news-and-media/the-cleanie-awards-announces-2022-winners/) - The #1 Clean Energy Awards Platform Doubled Submissions and Awarded Winners Across 15 Categories - [SWITCH Power successfully finalizes commissioning of five Ontario battery storage projects](https://peakpowerenergy.com/news-and-media/switch-power-ontario-energy-storage/) - Peak Power is contracted to provide dispatch services and the energy optimization software platform, Peak Synergy, to capture global adjustment savings and ancillary services revenue. - [How Canada’s star startups are helping the U.S. decarbonize](https://peakpowerenergy.com/news-and-media/how-canadas-star-startups-are-helping-the-u-s-decarbonize/) - Canadian companies are looking to scale up their businesses to supply growing U.S. demand for clean technology as President Joe Biden attempts to push through a slate of aggressive climate-change policies. - [Ambitious climate goals call for rapid adoption of Canadian solutions](https://peakpowerenergy.com/news-and-media/ambitious-climate-goals-call-for-rapid-adoption-of-canadian-solutions/) - Canadian companies are looking to scale up their businesses to supply growing U.S. demand for clean technology as President Joe Biden attempts to push through a slate of aggressive climate-change policies. - [How Can We Deliberately Build Inclusive Teams?](https://peakpowerenergy.com/news-and-media/how-can-we-deliberately-build-inclusive-teams/) - How can we tackle big, challenging energy issues? By attracting a diverse, passionate team and putting that passion to use. Imran Noorani and his team at Peak Power are taking on the ambitious project of making the climate polluters part of the climate solution in a revenue-positive way. - [Vehicle-to-Grid: Delivering The Future of Energy](https://peakpowerenergy.com/news-and-media/vehicle-to-grid-delivering-the-future-of-energy/) - A world-class project in grid innovation is taking place underground, beneath the streets of Toronto. Launched in two underground garages, Peak Power’s demonstration of vehicle-to-grid (V2G) technology is just the kind of future-forward thinking that could revolutionize the green energy landscape. - [Breakthrough Energy Solutions Canada Finalists](https://peakpowerenergy.com/news-and-media/breakthrough-energy-solutions-canada-finalists/) - The Breakthrough Energy Solutions Canada Forum 2020 was held on January 14, 2020, where the 22 finalists from across Canada pitched their clean energy technology ideas and solutions to significantly reduce GHG emissions. We are excited to highlight the top 10 selected to receive funding. - [Risk mitigation, climate change and value enhancement drive sustainability practices](https://peakpowerenergy.com/news-and-media/risk-mitigation-climate-change-and-value-enhancement-drive-sustainability-practices/) - For years, the concept of sustainability in commercial real estate was argued to be a complex and competing interest with the financial goals and fiscal realities of a property. Many industry experts thought that both sets of priorities would not work together, but now see there is a viable business case to be made. - [The Climate Conversations: Can Cities Save Our Planet?](https://peakpowerenergy.com/news-and-media/the-climate-conversations-can-cities-save-our-planet/) - Jennifer Keesmaat is one of the founding partners behind Markee Developments, which designs, finances, builds, and affordable housing in Toronto. To learn more, follow this link. To check out some of the projects that Toderian UrbanWorks has been involved in around the world, check out Brent’s website here. - [Peak Power and Hydro One unveil a potentially “game-changing” vehicle to home charging pilot](https://peakpowerenergy.com/news-and-media/peak-power-and-hydro-one-unveil-a-potentially-game-changing-vehicle-to-home-charging-pilot/) - Ontario’s largest utility and a Toronto-based AI company are collaborating to run a pilot program that will see up to 10 Nissan Leaf-owning households participate in a vehicle-to-home, bidirectional charging program - [L’Ontario veut charger des maisons grâce aux voitures électriques en cas de panne](https://peakpowerenergy.com/news-and-media/lontario-veut-charger-des-maisons-grace-aux-voitures-electriques-en-cas-de-panne/) - Et si en plus de se déplacer, nos voitures servaient à stocker et distribuer de l’énergie? C’est le pari d’Hydro One et Peak Power qui lancent un projet-pilote permettant aux propriétaires de véhicules électriques d’utiliser leur voiture comme source d’alimentation de secours lors de panne de courant. - [Four cleantech trends to watch in the push for net zero](https://peakpowerenergy.com/news-and-media/four-cleantech-trends-to-watch-in-the-push-for-net-zero/) - The message from the COP26 summit in Glasgow is clear: We’ve run down the clock on climate change. Scientists warn that the world could warm by 2.4 degrees by the end of the century without further action to curb emissions in the next few years. That’s well above safe levels. - [Meet the Foresight 50](https://peakpowerenergy.com/news-and-media/meet-the-foresight-50/) - Foresight is delighted to introduce Canada’s most investable cleantech ventures – the Foresight 50. These inspiring innovators come from across Canada and a variety of sectors including watertech, carbon solutions, hydrogen, and renewable energy. - [Using an EV as backup power for your home might soon be possible in Ontario](https://peakpowerenergy.com/news-and-media/using-an-ev-as-backup-power-for-your-home-might-soon-be-possible-in-ontario/) - Electric vehicle owners in Ontario may one day be able to use the electricity in their EVs instead of loud diesel or gas generators to provide emergency power during blackouts. They could potentially also sell back the energy in their cars to the grid when needed. - [Imagine your electric vehicle was also a power plant that could make you money](https://peakpowerenergy.com/news-and-media/imagine-your-electric-vehicle-was-also-a-power-plant-that-could-make-you-money/) - It’s a truism of the car-buying world: a new vehicle is a terrible investment. The moment you drive it off the lot, it plunges in value. But what if that same vehicle actually generated income and put money back in your pocket? - [Canada must double or triple clean power generation to meet EV and zero-emissions targets, says IEA report](https://peakpowerenergy.com/news-and-media/canada-must-double-or-triple-clean-power-generation-to-meet-ev-and-zero-emissions-targets-says-iea-report/) - In its latest Canadian Energy Policy Review, the Paris-based International Energy Agency has outlined the challenges facing Canada’s tandem decarbonization and vehicle electrification efforts. - [Driving Change: Transportation And Electric Utility Industries Will Soon Collide – In A Good Way](https://peakpowerenergy.com/news-and-media/driving-change-transportation-and-electric-utility-industries-will-soon-collide-in-a-good-way/) - Starting this coming year, energy pioneers in Toronto will wake up each morning, and jump into their gleaming new Nissan Leafs and purr quietly into the Downtown core of the city. They will navigate their way to designated parking garages, plug their vehicles into bi-directional EV chargers, and take elevators to their respective offices. - [Plugging in to the benefits of energy storage](https://peakpowerenergy.com/news-and-media/plugging-in-to-the-benefits-of-energy-storage/) - A dramatic rise in energy costs and strict sustainability mandates have been spurring business owners to explore innovative, energy-saving solutions for decades, thus launching the ‘cleantech’ industry to new heights. - [Canadian energy storage startups get global traction](https://peakpowerenergy.com/news-and-media/canadian-energy-storage-startups-get-global-traction/) - Energy storage is critical for the growth of renewables because, simply put, the wind doesn't blow all the time and the sun doesn't always shine. Something unexpected is happening in India. - [Creating impact: how the Mission from MaRS Climate Champions are scaling their solutions](https://peakpowerenergy.com/news-and-media/creating-impact-how-the-mission-from-mars-climate-champions-are-scaling-their-solutions/) - With every year of inaction, the window to address the climate crisis closes faster and faster. Even if society stops emitting greenhouse gases (GHGs) tomorrow, the planet would continue to warm for decades. - [Tech update: Canadian companies helping Ukrainian refugees resettle; push to make electric vehicles more attractive](https://peakpowerenergy.com/news-and-media/tech-update-canadian-companies-helping-ukrainian-refugees-resettle-push-to-make-electric-vehicles-more-attractive/) - Imagine having to uproot your life in the blink of an eye to ensure your family’s safety. That’s what millions of Ukrainians now have to do as they flee the ongoing war in their country. - [Peak Power Partners with Oshawa Power to Demonstrate a Path to Distributed Clean Energy for Utilities](https://peakpowerenergy.com/news-and-media/peak-power-partners-with-oshawa-power-to-demonstrate-a-path-to-distributed-clean-energy-for-utilities/) - Peak Power, a Canadian climate tech company with a core focus in energy management and energy storage, announces that it is partnering with Oshawa Power to develop and execute an energy platform that demonstrates how disparate distributed energy resources (DERs) can improve the reliability of a local grid. - [Microgrids and EVs can make magic with the right market signals](https://peakpowerenergy.com/news-and-media/microgrids-and-evs-can-make-magic-with-the-right-market-signals/) - Electric vehicles (EVs) could become important microgrid assets that reap income by providing grid services. But there’s a glitch — a lack of market signals from the grid in many places. - [With $37MIL in funding, what do these DER projects aim to achieve?](https://peakpowerenergy.com/news-and-media/with-37mil-in-funding-what-do-these-der-projects-aim-to-achieve/) - Ontario’s Independent Electricity System Operator (IESO) and Ontario Energy Board (OEB) recently announced several project collaborations with local electricity distributors and technology companies to “accelerate the adoption of local energy projects to help communities play an increasing role in providing for their own energy needs - [Tech update: A place for cleantech in new climate plan, tube transportation 1 step closer to reality](https://peakpowerenergy.com/news-and-media/tech-update-a-place-for-cleantech-in-new-climate-plan-tube-transportation-1-step-closer-to-reality/) - With the clock ticking on the race to mitigate climate change, Canada has announced its most ambitious emissions-reductions plan to date. To reach our 2030 targets, Environment Minister Steven Guilbeault says the oil and gas industry will need to reduce its greenhouse-gas emissions by 42 per cent. - [How One Canadian Climate Tech Company Is Making Power Plants Obsolete](https://peakpowerenergy.com/news-and-media/how-one-canadian-climate-tech-company-is-making-power-plants-obsolete/) - Peak Power was founded by self-described energy nerds in 2015 and is the only company operating battery storage, grid interactive buildings, and bi-directional electric vehicles with a single platform for partners to achieve net-zero goals, cut operating expenses, and unlock new revenue opportunities. - [Here are some of the ways the fight against climate change could make our daily lives better](https://peakpowerenergy.com/news-and-media/here-are-some-of-the-ways-the-fight-against-climate-change-could-make-our-daily-lives-better/) - It needn’t be all about sacrifice: cleantech entrepreneurs are building a future that’s more sustainable, more convenient and maybe even more lucrative for the average person. - [Opinion: Canada needs to turn its cleantech innovation into action](https://peakpowerenergy.com/news-and-media/opinion-canada-needs-to-turn-its-cleantech-innovation-into-action/) - Our Earth has been around for 4.6 billion years. Humans have been here for only a scant fraction of that time. And yet in the past 250 years we’ve destroyed more than 50 per cent of the Earth’s forests and tipped the scale beyond sustainability. - [Electric Future: What It Will Take to Wean Ourselves off Fossil Fuels](https://peakpowerenergy.com/news-and-media/electric-future-what-it-will-take-to-wean-ourselves-off-fossil-fuels/) - It’s estimated that we’ll need to double or triple the size of our electricity system between now and 2050. This growing demand is powering growth in the innovation space. - [Peak Power Receives $765,000 From Canadian Government to Deploy 117 V1G EV Chargers](https://peakpowerenergy.com/news-and-media/peak-power-receives-765000-from-canadian-government-to-deploy-117-v1g-ev-chargers/) - Peak Power, a Canadian climate tech company with a core focus in energy management and energy storage, announces it has received a $765,000 investment through Natural Resources Canada’s (NRCan) Zero Emission Vehicle Infrastructure Program (ZEVIP) to install 117 V1G chargers. - [How advances in ESS software create new revenue opportunities for solar + storage](https://peakpowerenergy.com/news-and-media/how-advances-in-ess-software-create-new-revenue-opportunities-for-solar-storage/) - The current generation of energy storage software is far more capable of gathering and analyzing data from more disparate sources, at speeds that have been reduced from hours per cycle to milliseconds - [Peak Power to deploy 117 V1G smart EV chargers in Ontario](https://peakpowerenergy.com/news-and-media/peak-power-to-deploy-117-v1g-smart-ev-chargers-in-ontario/) - Canadian climate tech company Peak Power has received a $765,000 investment through Natural Resources Canada’s (NRCan) Zero Emission Vehicle Infrastructure Program (ZEVIP) to install 117 V1G chargers. The total cost of the project is estimated at over $1.6 million. - [Will Charging an Electric Car Ever Be Quick and Easy?](https://peakpowerenergy.com/news-and-media/will-charging-an-electric-car-ever-be-quick-and-easy/) - When it comes to electric vehicles, the United States has reached a turning point. Today, in the United States, 5 percent of new car sales are electric vehicles, according to Bloomberg, which predicts EV sales will make up 25 percent of new car sales in the U.S. market by 2025. - [Dianne Saxe's Green Economy Heroes](https://peakpowerenergy.com/news-and-media/dianne-saxes-green-economy-heroes/) - Each Green Economy Hero podcast features someone you’ll enjoy getting to know. Leading environmental lawyer, Dianne Saxe, will explore who they are, what their business are doing, and how it is making a difference in facing our climate crisis. We will hear about their challenges, their successes, and their dreams. And we’ll learn their advice on how you too can build a green business in Canada. - [Readying the electricity grid for EVs is a challenge these experts say we’re ready to handle](https://peakpowerenergy.com/news-and-media/readying-the-electricity-grid-for-evs-is-a-challenge-these-experts-say-were-ready-to-handle/) - As the number of electric vehicles on roads goes up, questions about whether Canada’s electrical grids will have the capacity to keep up with future power demands are at the forefront of the minds of many industry experts and electricity users alike. - [How To Find Investors In A Remote World](https://peakpowerenergy.com/news-and-media/how-to-find-investors-in-a-remote-world/) - These days, connecting with potential investors no longer relies solely on in-person meetings. Between social media platforms, video conferencing tools and virtual events, it only takes one online interaction for an entrepreneur to connect with someone who can open up a wealth of funding opportunities. - [Ontario plunging into energy storage as electricity supply crunch looms](https://peakpowerenergy.com/news-and-media/ontario-plunging-into-energy-storage-as-electricity-supply-crunch-looms/) - Ontario is staring down an electricity supply crunch and amid a rush to secure more power, it is plunging into the world of energy storage — a relatively unknown solution for the grid that experts say could also change energy use at home. - [Rise of Energy Storage Could Transform Ontario Grid](https://peakpowerenergy.com/news-and-media/mit-energy-initiative-future-of-energy-storage-study/) - Ontario is staring down an electricity supply crunch and amid a rush to secure more power, it is plunging into the world of energy storage—a collection of technologies that is poised to transform the provincial grid and change the way energy is used, bought, and sold by homes and businesses. - [Clean energy employers urge Congress to act now on Build Back Better Act](https://peakpowerenergy.com/news-and-media/clean-energy-employers-urge-congress-to-act-now-on-build-back-better-act/) - Citing analysis by ACP, the letter notes that the clean energy provisions in the Build Back Better Act will help the United States reach 750 gigawatts of wind, solar, and battery storage by 2030, which would cut power sector emissions by nearly 70% below 2005 levels. - [Peak Power secures US$200 million financing with MEI to accelerate energy storage deployments.](https://peakpowerenergy.com/news-and-media/peak-power-secures-us200-million-financing-with-mei-to-accelerate-energy-storage-deployments/) - Peak Power, an Ontario-based C&I-focused energy storage and software firm, has secured a US$200 million financing agreement with Madison Energy Investments (MEI). ## Innovation Projects - [Kearny Mesa Innovative Battery Storage Project](https://peakpowerenergy.com/highlight-title/kearny-mesa-innovative-battery-storage-project/) - Background The battery is located behind the manufacturing site’s retail meter with San Diego & Gas Electric so it can provide energy services for the facility like demand charge management and time-of-day rate shifting. It’s also equipped with a CAISO meter and RIG so it can be an energy resource for the California grid. The - [Peak Drive Pilot Project](https://peakpowerenergy.com/highlight-title/peak-drive-pilot-project/) - Background This Peak Drive project is one of the largest vehicle-to-grid demonstration projects globally, with 21 bi-directional chargers and Nissan LEAF vehicles in 3 commercial office buildings in downtown Toronto. This showcase system uses an electric vehicle and energy storage system to reduce the customers’ demand charges.By exporting electricity from their batteries, the cars reduce - [Westchester Multiple Battery Storage Project](https://peakpowerenergy.com/highlight-title/westchester-multiple-battery-storage-project/) - Background The battery storage system was installed in a commercial office compound and is composed of four batteries. The project reduces electricity costs from ICAP and Demand Charges and to provide services in the form of participating in NYISO and ConEd demand response programs. This project employs a shared-savings approach — GHP (owner) and Peak - [95 St. Clair West Building Optimization Project](https://peakpowerenergy.com/highlight-title/95-st-clair-west-building-optimization-project/) - Background This building optimization project was completed for 95 St Clair Avenue West, a 16-storey commercial office building serviced by Colliers International with Canadian cooperative The Desjardins Group – the largest federation of credit unions in North America – as their primary tenant.won both the National and International TOBY Award for Building of the Year. ## Projects - [Lactalis Canada: Zero Cost Resiliency and Sustainability](https://peakpowerenergy.com/project/lactalis-canada-zero-cost-resiliency/) - Lactalis Canada was looking for a solution to reduce Global Adjustment costs in Ontario and implement short-duration backup energy. They chose Peak Power. - [Data-Driven Curtailment Across a Multi-Building Portfolio](https://peakpowerenergy.com/project/menkes_peak_forecasting_global_adjustment/) - In today’s volatile energy landscape, proactive energy demand management is becoming essential for commercial real estate operators seeking to control costs and improve operational efficiency. - [Bloor Islington Battery Storage Project](https://peakpowerenergy.com/project/bloor-islingtion-battery-storage-project/) - For this battery storage project at Bloor Islington Place, Peak Power provides peak prediction and asset dispatch services. - [Westchester Multiple Battery Storage Project](https://peakpowerenergy.com/project/westchester-multiple-battery-storage-project/) - We installed a battery storage system in 4 commercial buildings, one of New York state's first VPP demonstration projects. Contact Peak Power today. - [Bruce Power Storage Project](https://peakpowerenergy.com/project/saturn-power-storage-project/) - This Battery Storage Project is located at the largest nuclear generation facility in Ontario, Canada. - [Battery Innovation in Kearny Mesa](https://peakpowerenergy.com/project/kearny-mesa-battery-storage/) - The Kearny Mesa battery storage project is believed to be the first project of its kind to operate under FERC Order 841. - [St. Clair West Energy Optimization Project](https://peakpowerenergy.com/project/st-clair-building-optimization-project/) - This building energy optimization project was completed for 95 St Clair Avenue West, a 16-storey commercial office building serviced by Colliers International. - [Peak Drive Pilot Project](https://peakpowerenergy.com/project/peak-drive-pilot-project/) - One of the largest V2G demonstration projects globally, this project featured 21 bi-directional EV chargers in three commercial office buildings in Toronto - [Developing an Electric Vehicle Future](https://peakpowerenergy.com/project/developing-a-electric-vehicle-future/) - In the summer of 2022, Peak Power was one of the funding recipients of Natural Resources Canada’s (NRCan) Zero-Emissions Vehicle Incentive Program (ZEVIP) ## Categories - [Blog](https://peakpowerenergy.com/category/blog/) - Posts blog category ## News and media category - [Topic](https://peakpowerenergy.com/news-and-media-category/topic/) - [Distributed Energy](https://peakpowerenergy.com/news-and-media-category/distributed-energy/) - [Virtual Power Plants](https://peakpowerenergy.com/news-and-media-category/virtual-power-plants/) - [Diversity, Equity, and Inclusion](https://peakpowerenergy.com/news-and-media-category/diversity-equity-and-inclusion/) - [Energy Storage](https://peakpowerenergy.com/news-and-media-category/energy-storage/) - [Sustainability](https://peakpowerenergy.com/news-and-media-category/sustainability/) - [Electric Vehicles](https://peakpowerenergy.com/news-and-media-category/electric-vehicles/) - [Energy Transition](https://peakpowerenergy.com/news-and-media-category/energy-transition/) - [Type](https://peakpowerenergy.com/news-and-media-category/type/) - [Podcast](https://peakpowerenergy.com/news-and-media-category/podcast/) - [Article](https://peakpowerenergy.com/news-and-media-category/article/) - [Press Release](https://peakpowerenergy.com/news-and-media-category/press-release/) - [Webinar/Panel](https://peakpowerenergy.com/news-and-media-category/webinar-panel/)