Storage really is the Holy Grail for these variable electricity sources, energy sources like solar and wind. There are many technologies on the storage front, which are going through development right now that serve different scales of electricity production. You can use lithium ion, like they use in electric vehicles, for your home. In fact, I'm installing one right now with my solar panels in our home. Then they've got many other technologies, like big turbines that circulate underground, pumped hydro storage, etc. Some very high-tech stuff is being developed that could be the silver bullet.
That being said, it's a race. Most of the storage technologies, not all of them, are still uneconomic at this point, although the costs are coming down quickly. We see jurisdictions around the world integrating renewable electricity and renewable energy into their markets, bringing them there, integrating them, as I said, with some conventional sources that help balance out the variability. Then when storage does come online, it greatly augments the renewable energies and the other electricity sources that are there, so that they can transform their systems over time.
I want to say very clearly, wind and solar electricity by themselves, even as variable electricity sources, add a great deal of flexibility, electricity, and energy to the grid. They work well by themselves, but we are all striving for storage solutions to couple with that and give everyone the maximum flexibility.
As to the second part of your question, we're working in close collaboration with the associations. Our associations are working with the storage associations. We're very active in certain markets across Canada. Ontario has launched several initiatives and pilot programs around storage that are combining various electricity sources and storage. There's great work being done in Germany and California. I think as we go through the coming months and years, we'll see that storage plays a very important part in making a much more robust and versatile electricity grid for everyone.