Thank you, Mr. Chair.
Committee members, thank you for this opportunity to appear before you today and to explain our vision for optimal electrical energy management.
IDEA Contrôle is a Canadian manufacturer. We've been working on supporting industrial electrical power management since 2009. We're equipment manufacturers. We help the industrial market with its peak power management needs and with its decarbonization projects. We're also managing its strategy to support the distribution grid during winter periods. In Quebec, we call this power demand management, or PDM. We manufacture electrical energy storage and control systems with artificial intelligence strategies and algorithms to maximize energy management.
My remarks today will focus on three points.
The first point concerns the trend in available grid capacity since our creation in 2009. Clearly, the electrical power demand on the grids of every province is constantly growing. The drive to decarbonize and electrify transportation is significantly affecting grid capacity and adding a great deal of pressure during peak power demand periods. We're even hearing about a shortage of available electrical power for new industrial projects. Technical innovations since 2009 to help the grid have often boiled down to purchasing power from our neighbours during peak periods. Even so, there have been few technical innovations when it comes to managing peak demand on the grid.
The second point that I want to discuss is the need to help the industry manage its daily power demand and to participate in network events. Our networks have ideas for solutions that focus heavily on energy generation. Electricity producers are talking about adding electrical energy generation to solve the power shortage problem. We're talking about adding wind power, solar panels and even batteries.
As you know, the energy storage strategy is a logical solution for grids. For example, in Ontario, a 250‑megawatt facility was recently installed to handle the grid's daily peaks. We're convinced that the solution doesn't need to be designed for the grid alone. We need to solve the problem at the source, on the client's side and on the industrial side. The problem really arises on the consumer's side. We need to help consumers get equipped to control electrical power.
In an industry where the recorded power demand results in a consequence billable on a monthly basis, few managers know the mechanics of this billing. This makes it even harder for managers to find solutions to mitigate this effect. An industrial manager has a hard time controlling power demand manually. We must make use of the technology needed to help these industries. This approach to energy storage isn't just for the grid, but also for the industrial client.
Remember that we aren't against adding sources of energy generation to strengthen grids. Quite the contrary. However, in this equation, businesses are being left out in the cold. Another solution is needed. We need to help businesses get equipped for power management. We're convinced that, by strengthening the industrial client's side of the equation, we're also strengthening the grid during daily peak periods.
Third, the electrical energy storage solution together with artificial intelligence in our industries form a strong alliance. Energy storage and management controlled by artificial intelligence create optimum synergy between the grid and its client. Every month, storage helps industrial clients lower their bills. During critical grid peak periods, this alliance must be leveraged within the grid. Instead of purchasing power from neighbours, we need to buy this load shedding or storage power from clients. There's a synergy between the financial aspect and the power.
Our mission at IDEA Contrôle is to speed up the profitability of decarbonization projects for the industry and to secure the electrical grid by using our flexible capacities during periods of peak grid demand.