Ontario Supporting Energy Innovation
New Centre to Increase Jobs in Energy Sector
Ontario is fostering innovation and growth in the energy sector through the new Advanced Energy Centre at MaRS Discovery District.
The Advanced Energy Centre, created in partnership with MaRS, Siemens and Capgemini, is an energy incubator that will help homegrown energy innovations reach new markets here and abroad. Growing energy demand is a global concern and energy innovation can play a critical role in addressing the changing global energy market.
By supporting Ontario's entrepreneurs, the centre will help showcase to the world the expertise and technology the province has to offer in the energy innovation field in order to drive economic growth and create jobs.
Building our knowledge economy and supporting entrepreneurs and small businesses is part of the government's economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario's greatest strengths - its people and strategic partnerships.
- Paul Murphy, former President and CEO of the Independent Electricity System Operator, is the inaugural chair of the Advanced Energy Centre.
- Ontario is contributing $5 million over three years towards the centre.
- Ontario is also helping spur innovation in the energy sector with its Green Button Energy Apps Challenge. The Challenge allows app developers and utilities to develop innovative apps for consumers to conserve energy and better manage their electricity bills.
- Global investment in clean energy projects is expected to mobilize nearly $7 trillion of new capital over the next 20 years.
“We have so much talent and expertise in Ontario when it comes to clean energy innovation. This new centre is a perfect example of how government can work with the private and non-profit sectors to build up our knowledge economy and create new opportunities for growth.”
“Ontario has worked hard to create the clean energy sector it enjoys today. The Advanced Energy Centre will help us find new and innovative ways to expand and export our clean energy expertise. Leveraging Ontario’s success in the clean energy sector will help neighbouring jurisdictions create cleaner air, build a stronger economy and offer a better future for their children and grandchildren.”
“We are proud to partner with the Government of Ontario and industry stakeholders in the creation of The Advanced Energy Centre. It is estimated that by 2020, new energy networks and infrastructure will be a $3 trillion market. The Advanced Energy Centre will accelerate the growing export market for Canadian innovation, ensuring that we are on the leading edge of this transformation, globally.”
Dr. Ilse Treurnicht
“I'm honoured to have been selected as the chair of the Advanced Energy Centre Advisory Board. We have a wealth of energy expertise in Ontario, and I look forward to working with partners in both the public and private sector to help our energy innovators succeed at home and abroad.”