Ken Yau

Did you know AI's growing energy demands are putting pressure on power grids and impacting our transition to cleaner energy? Krish Banerjee, Managing Director and Lead for Data and AI at Accenture Canada, discusses the challenges and solutions via Financial Post. Discover how to balance innovation with #sustainability: https://accntu.re/4eX2sCg #Accenture

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Did you know AI's growing energy demands are putting pressure on power grids and impacting our transition to cleaner energy? Krish Banerjee, Managing Director and Lead for Data and AI at Accenture Canada, discusses the challenges and solutions via Financial Post. Discover how to balance innovation with #sustainability: https://accntu.re/4eX2sCg #Accenture

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Harness the Power of Energy Consulting in Alberta’s Deregulated Market! Commercial businesses face unique challenges and opportunities in Alberta’s dynamic and deregulated #energymarket. Navigating these complexities requires expert guidance to ensure cost-effective and sustainable #energy solutions. Why Energy Consulting Matters👇 : 🔸 Customized Energy Strategies: Tailored plans that align with your business goals. 🔸 Cost Optimization: Identifying the best rates and contracts to reduce expenses. 🔸 Sustainability Initiatives: Integrating renewable energy solutions and meeting corporate sustainability goals. 🔸 Risk Management: Mitigating market volatility and securing stable energy supplies. Partner with seasoned energy consultants to unlock savings, enhance efficiency, and drive your business forward in Alberta’s competitive energy landscape. Let’s empower your commercial operations with smart energy decisions! Contact us at https://loom.ly/i8CJLkY ⤵️

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As energy transitions from a centralized model to a more dynamic, decentralized landscape, businesses have the opportunity to become energy prosumers—generating, consuming, and optimizing their own energy. Explore our latest whitepaper to uncover strategies for: ✅ Leveraging renewable energy sources effectively in Canada. ✅ Unlocking the full potential of energy flexibility in your operations. ✅ How Canada's varied geography, climate, and government policies affect prosumerism. 👉 Download the whitepaper here: http://spr.ly/6045tgksc #LifeIsOn #Sustainability #EnergyProsumers #DecentralizedEnergy

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DYK: 80% of Canada’s emissions are related to #energy production and consumption. The Canadian power tech landscape includes many ventures offering significant emissions-cutting solutions, but to achieve real-world impact, these ventures need support and mentorship to accelerate their path to adoption. That’s where our #powerNEXT cohort comes in, providing sector-specific #acceleration through: ⚡ Six industry sessions ⚡ Industry pitch day ⚡ 15 hours of 1:1 EIR support Upon completion, ventures will have a robust understanding of the current power tech landscape in Canada, with sector-specific insights, end-user needs, and market trends. Apply for strategic support by September 6: https://hubs.la/Q02LyfTW0

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The energy transition requires utility companies to adapt with new technologies to create the next generation of Canadian electricity networks. ⚡ This includes distribution system operators (DSOs), which connect local distributors to open markets with easy grid access. Learn more. https://ow.ly/nK5n30sFGhf #EYCanada #BetterWorkingWorld

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IN ORDER TO UNDERSTAND ENERGY, YOU HAVE TO UNDERSTAND POLITICS AND ECONOMICS IN EQUAL BALANCE... And next week, you can get a double dose of both, courtesy of the Canadian Energy Executive Association (CEEA) annual Energy Business Forum (EBF) in Banff. As it does each year, CEEA has assembled a first-class lineup of speakers and panelists. But while the individuals, in and of themselves, have a tremendous depth and breadth of insights to offer, the real magic is in what I call "collective perspective creation". From the keynote and its moderation down through the panels and their moderation, forum attendees will benefit from some pretty deep experiences rooted in important dimensions of Canada's energy past, present and future. All "futures" are complex: in order to effectively navigate them, a nuanced understanding of the way power, politics and economics work in a global context makes the difference between being first or the second-place loser. Beyond great content from the stage, the annual EBF is a networker's dream. Connections made and refreshed there will carry you through 2024, 2025 and beyond. There's still some room at the inn, so to speak. You can find out more and register at the link: https://cvent.me/Mwlvkw Brian Hamm Brent Quinton Richard Waller, ICD.D Dan Forigo Steven Major, K.C. Alex Fulthorpe P.Eng Lisa Mueller David Hood Stephen Mason Kim Williams #network #abpoli #cdnpoli #energy

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MNP’s strategic and technical collaboration with Electricity Canada is a perfect case study for ongoing innovation and cooperation within the industry as they seek to harness the full potential of data and collaboration to boost innovation. 🚀💡 #Innovation #DataCollaboration #IndustryInsights Learn more here 👉 https://lnkd.in/dwE5hDMU

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We need to get back to costed realistic and pragmatic policies.

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How can a new energy system relieve grid pressure, decarbonize the Canadian utilities sector and help them access new value streams? EY’s latest report expands upon these queries – detailing the implications and value of a dynamic business model for the utilities industry, distribution system operators (DSO). As the Canadian energy sector experiences a robust transformation in customer expectations, regulatory frameworks, operation and infrastructure requirements- innovation in technology and distribution is essential. Here’s where DSOs come in. This business model has the potential to integrate grid-edge technologies, enhance service delivery, enable decarbonization, manage increased load growth and lower customer costs. Learn more about the applications and value of DSO in the report: https://lnkd.in/gPZ-_tub #EYCanada #BetterWorkingWorld #DSO #Innovation #Utilities

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During our recent #GlobalEnergyTransitionSummit panel discussion with leaders from Ontario’s energy ecosystem, we walked down memory lane and pondered upon how energy systems have evolved, from heavy reliance on fossil fuels to the ongoing shift toward cleaner with the increased energy demand, driven by electrification mainly. The growing energy demand and focus on renewable energy is at the heart of this transition. The challenge? Solar and wind power, while abundant are intermittent—solar energy isn’t always available, and wind is not always blowing. When and how much could be generated remains guesswork. Over 1 GW of new solar energy is being installed daily worldwide, but the question remains: how do we scale these sources to meet demand and make them available and reliable? We need smart ways to store energy when it's abundant and cheap and use it strategically when required like during peak demand times. Energy Storage is emerging as a crucial tool for managing both energy supply and demand at all times. Acting as non-wire alternatives (NWAs) to help smooth out those fluctuations and make the renewable energy supply consistent and reliable. But here's the catch- most battery energy storage systems (BESS) use basic software that does basic stuff during charging and discharging. What's missing? A deeper connection with the grid itself. Right now, battery operators don’t have visibility into real-time market conditions or upcoming renewable energy generation—they can’t see what’s coming up in the next few hours or even the next day. So, how can we expect them to act as a true grid asset if they don’t know what's coming? As we move towards smarter, more efficient energy management, AI and data technologies are key. Imagine if we could predict grid behavior the way we predict stock markets. If we could forecast when renewable energy would be abundant and when prices would fluctuate, we could enable these batteries to offer more value in an optimized and automated way. AI-enabled prediction will help us manage energy more intelligently, optimize storage systems, and support a more reliable, renewable-powered grid. It’s a fascinating time for energy, and AI might just be the key to making it all work more seamlessly. Watch the recording of our panel discussion here for a full overview:  https://lnkd.in/ecC4WCTn

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Clean Energy Consulting can support you with engineering and project services on your submission to BC Hydro.

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Did you know AI's growing energy demands are putting pressure on power grids and impacting our transition to cleaner energy? Krish Banerjee, Managing Director and Lead for Data and AI at Accenture Canada, discusses the challenges and solutions via Financial Post. Discover how to balance innovation with #sustainability: https://accntu.re/4eX2sCg #Accenture

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Tick, Tick, Ticking Away As a Canadian, my average life expectancy is 83 years, according to the latest data (chart below). While that seems like a long time, the days/months/years pass quickly, and we should make sure we’re using that non-renewable resource wisely, so we don’t have a pile of regret when we get to that last day.   The “World Regret Survey” surveyed over 20,000 people and revealed that about 65% of people regretted things they didn’t do in their lives (omission regrets) while only 35% regretted things they did do (commission regrets) and identified four main categories of regrets: Boldness Regrets – not taking enough risks in careers, relationships, travel, etc. Moral Regrets – not living according to one’s values and principles Connection Regrets – lost connections with friends and family Foundation Regrets – not prioritizing things like health and finances earlier in life This provides some good guidance for how to use our precious time. Based on the Canadian average, I have about 10,000 days left, so I’m starting to think a lot more about how to spend those remaining sunrises with minimal regret. As Trent Reznor sings in the NIN song The Warning, “Your time is tick, tick, ticking away”, so use it wisely and remember that you'll probably regret the things you didn't do and the chances you didn't take far more than the things you did do 😊 Data Sources: Our World in Data: https://lnkd.in/gjHwuqaw World Regret Survey: https://lnkd.in/gjJp5un6

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Recently there have been several significant developments regarding differing provincial and federal government perspectives on emissions reduction approaches and requirements and how they are best addressed. I was pleased to be quoted by Jeff Jones in The Globe and Mail in his thoughtful article on this topic yesterday. Read more below. #esg #esglegalrisk KPMG Canada #KPMGLawCanada

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Business transformation needs to come with a great vision and a good story. Overhauling an organization to move in a new direction requires more than a set of instructions to employees. Purpose, intent, and outcomes need to be shared. A little creativity in storytelling can fortify a business transformation with energy and common understanding. #BusinessTransformation #Storytelling #Leadership #Creativity

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How can optimising renewables help decarbonise and electrify mines? At Toronto’s Energy and Mines conference, Keith Russell chaired a thought-provoking panel to address this topic. Insights from industry leaders made one thing clear: the straightforward solutions are behind us and the future requires collaboration. Some key project and partnering considerations include: - Enhancing grid capacity and transmission for seamless connections - Partnering with utilities to plan for large, future energy demands - Phasing in battery storage solutions to bridge energy gaps - Designing mines with battery electric vehicles (BEVs) at the forefront - Collaborating with OEMs to model truck electrification pathways - Establishing roadmaps for effective site handover Their conversation underscores the critical need for collaborative, long-term strategies to drive renewable in mining. #EnergyandMines #Mining #EnergyTransition #Decarbonization #PartnersinPerformance

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Tabled May 28, 2024: Report on Value-for-Money Audit: Ontario Energy Board: Electricity Oversight and Consumer Protection, 2022 Annual Report of the Office of the Auditor General of Ontario, from the Standing Committee on Public Accounts. The Committee's three recommendations: 1. The Ministry of Energy report back to the Standing Committee on Public Accounts on the status of its efforts to secure resilience in the electricity system, and report back on the recommendations on resilience from the OEB submitted to the Ministry in June 2023.  2. The Ministry of Energy report back to the Standing Committee on Public Accounts on its engagement with the Electrification and Energy Transition Panel with regard to the governance and oversight of different forms of energy procurement and pricing within one year.  3. The Ministry of Energy report back to the Standing Committee on Public Accounts on the fairness and cost analysis of Unit Sub-Meter Providers (USMPs) within a year. #onpoli #energy

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