Natural Resources committee  I'll answer the second question first. One area where we're seeing a lot of opportunity and connecting to the Canadian energy strategy is around energy efficiency. We're seeing quite a shift in some of our traditional clients in the hydrocarbons, petrochemicals, and mining sect

Natural Resources committee  Other areas where we see real opportunity are around innovation. I know there are some innovation clusters being developed. I think that's really important, both from branding the country from a technology perspective, as well as connecting to universities and training the next g

Natural Resources committee  I'm not sure I'm in the best position to answer that. I'm more of a power generation guy, and—

Natural Resources committee  Sure. For example, both the CEC in California, and the Massachusetts clean energy coalition have a lump sum of funds—I think it's in the $40-million or $50-million range—that they have made available to provide grants for microgrids. The typical parties that are looking to take a

Natural Resources committee  I'm not sure about current generation supply. No. I'm sorry. I thought the question was more around the electrical interconnects.

Natural Resources committee  As more electric vehicles come onto the grid, there's going to be an increase in—

Natural Resources committee  I would agree with what you've just mentioned. I think it is a piece of the plan but not the main driver. I think that when you look at the future of transmission networks, at where they're going, it's more microgrid, more community and smaller scale.... It's going to be local

Natural Resources committee  Yes. The fact that we generate a lot of clean energy is certainly beneficial. From a pricing perspective, I think that market pricing should really dictate how much we are paid. There are other ways I feel we can benefit from or leverage the fact that we have such a green econom

Natural Resources committee  I can't really say specifically who our client is, but having an electric mine has numerous benefits. Let's look at underground mining in particular. A lot of the power consumption comes from running ventilation fans and from pumping the water from a depth up to the service to ex

Natural Resources committee  Absolutely. In fact, we're speaking at the moment with a gold mining company in Ontario that's considering some renewable energy technologies. The concern on the lender's side is that the mine would be their only offtaker. What would happen if that mine stopped, or if for whateve

Natural Resources committee  The short answer is yes, it will look very different. We haven't done an assessment specifically on the Canadian market, but more broadly speaking, the tipping point is projected to be when the price of an electric vehicle is comparable to the price of a fossil fuel vehicle, or

Natural Resources committee  No, we haven't looked at that in Canada. We have done some of that study work in Australia, but not here in Canada.

Natural Resources committee  Is that to meet the increased demand from electric vehicles?

Natural Resources committee  Absolutely. I think it will come from a slightly different focus on transmission. It will be more on your local distribution systems. You'll need to have more local, smaller generation, whether it's micro-turbines or, to Derek's point, a mix of renewables, a mix of technologies,

Natural Resources committee  No, not really.