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Batteries benefit from Ontario's bizarre energy market

from Greentech Media

Batteries are benefiting from a bizarre market setup in Ontario that has politicians canceling energy-saving programs while at the same time pledging to cut bills. The Canadian province is fighting to reduce the financial burden imposed by generous energy contracts and subsidy programs, which can represent up to 70 percent of electricity costs for commercial and industrial (C&I) customers unable to avoid system peaks. more

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