Voltus, the leading distributed energy resource (DER) software technology platform, has cleared over 150 combined megawatts in the Ontario demand response market for the summer 2022 and winter 2022/2023 obligation periods.
These capacity commitments will generate over $3 million in potential gross annual revenue for Voltus. Voltus is now the third-largest demand response aggregator in the province.
The Independent Electricity System Operator (IESO) procured approximately 2.1 gigawatts of capacity in this auction. Capacity needs are expected to grow in Ontario over the coming years, as nuclear refurbishments and retirements and contract expiry of existing resources drive an increase in demand.
“There has never been a better time for Ontario businesses to take advantage of their operational flexibility and enroll in demand response,” says Dana Guernsey, Voltus’s Chief Product Officer and Co-founder.
Customers can secure their ability to start earning in summer 2022 by signing up to participate in this demand response program through Voltus today. To connect with our team about how Voltus can maximize demand response dollars for your business, reach out to us at firstname.lastname@example.org.