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Oakville Hydro Project Selected by the Ontario Energy Board as Funding Recipient of its Innovation Sandbox Challenge
Published Date
Wednesday, November 1, 2023
Oakville Hydro is pleased to receive support from the Ontario Energy Board (OEB) through the Innovation Sandbox Challenge, a tool which supports innovation in the energy sector.
Scott Mudie, EVP, Chief Energy Transformation Officer at Oakville Hydro explained, “Leveraging the OEB’s funding, Oakville Hydro will build a digital tool designed to help residential and small business customers understand, assess and identify their energy transition options, as well as opportunities to meaningfully participate in the energy transition. We’re very excited to lead the way, right here in Oakville.”
The OEB invited project submissions focusing on two themes:
- How to move pilots to broader implementation.
- And innovative strategies to enhance customers’ understanding of their role in the energy transition, a global shift towards a more sustainable, renewable energy future.
“The energy transition requires bold thinking. The Innovation Sandbox Challenge is a perfect example of how we’re harnessing innovation to address that transition head on. Working collectively with these diverse, forward-thinking proponents, we can come up with practical solutions that deliver meaningful outcomes for consumers,” shared Susanna Zagar, CEO at the Ontario Energy Board.
About Oakville Hydro
Oakville Hydro delivers reliable and safe electricity to more than 76,000 individuals, families, and businesses in the Town of Oakville. The company maintains an active commitment to conservation, safety, and is strongly invested in the social and economic well-being of the Oakville community. Oakville Hydro is a two-time recipient of the Local Distribution Company Performance Excellence Award from the Electricity Distributors Association, as well as a Centre of Excellence Award from the Canadian Electricity Association. Oakville Hydro has also been recognized as one of Canada’s Safest Employers.
About the OEB Innovation Sandbox
The OEB Innovation Sandbox supports projects testing new activities, services and business models in Ontario’s electricity and natural gas sectors. As the first regulatory sandbox in Canada’s energy sector, it has provided information and guidance to dozens of proponents since its launch in 2019.
About the OEB
The OEB is the independent regulator of Ontario’s electricity and natural gas sectors. It protects the interests of consumers and supports the collective advancement of the people of Ontario. Its goal is to deliver public value through prudent regulation and independent adjudicative decision-making which contributes to Ontario’s economic, social and environmental development.
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Contact
Annie Petrin
Director, Strategic Communication & Brand Experience
289-795-9783