We recently released a study suggesting that distributed energy resources could reduce B.C.'s peak demand. Effectively, we've been talking a lot about electric vehicles as a draw on the grid. Maybe what we're not talking about as much is what's going to happen in tandem, which is that those EVs hold batteries that can charge at different times of the day.
We're building out our electricity grid right now in this very old-fashioned way to meet the biggest demand at the highest hours of the day. Because we can use those electric vehicles eventually to feed power back into the grid, that's going to really allow us to control demand to times of the day when there is a lot of electricity to spare. It will pair very well with an increase in renewables on grids to be able to use resources like EVs.
We have a ways to go in Canada to develop the right regulatory framework to get there, but this is a potential study that really shows how much it's going to be able to save grids and the cost of electricity build-out in the long run.