Thank you very much, witnesses, for being here today. The committee really appreciates your time and commitment.
I'd like to expand on some of the themes that we've talked about a bit. Perhaps the Montreal Economic Institute can respond.
There's some discussion about the pure cost basis of intermittent renewables, but there is not a clear understanding of the need for baseload backup or batteries. Further to that is the scalability. We're at a bit of a threshold in terms of scaling generation and transmission, and I think it's very easy to get to a certain point, but going the next step is dramatic. Then, consider AI and data centres doubling the demand on the grid, especially in Canada, with its cold climate.
Can you please comment?
