The federal government has allocated $25 million to fund four clean technology projects in Quebec.
Hydro-Quebec's CEO and President Thierry Vandal, as well as Executive VP Corporate Affairs and Secretary General Marie-José Nadeau and Project Manager of AMI Georges Abiad, have left the company.
Toronto energy start-up Hydrostor has come up with an inventive use for the balloons. Redeployed as part of a system to make renewable energy more reliable, this “air-cavity” technology will help cities peak their power supply on high-usage days.
According to IRENA's report, the cost from generating power from renewable sources has dropped below the cost of fossil fuels for technologies including hydropower, biomass, geothermal, and onshore wind generation.