The rapid growth of green energy has inspired Ontario entrepreneurs and researchers to develop disruptive technologies for utilities and consumers alike. Ontario has implemented the largest smart meter rollout in North America, with over 4.8 million meters installed and was the first jurisdiction in the world to institute mandatory time of use pricing. Ontario’s smart grid innovators are also tapping into the information technology expertise in their backyard. Ontario is home to the second-largest IT cluster in North America. That energy-IT combination creates powerful synergies pushing the development of even smarter grid technologies.
Canadian companies enjoy the lowest costs among their G7 competitors for R&D, software development and advanced manufacturing. Canada also has free trade agreements in place which can significantly reduce tariffs and duties. In addition, the current exchange rate for the Canadian dollar against many major currencies favours international buyers. Ontario companies are leveraging their experience and technologies to help companies and utilities worldwide.
Ontario companies interested in finding new partners and clients in the South Korean market will be showcasing their innovations at the Ontario pavilion.
If you are interested in learning more about the Ontario mission and/or meeting with Ontario mission companies, please contact Wenbo Pan.