Tom Rand, Cleantech Advisor at MaRS Discovery District is helping Toronto Hydro-Electric System Limited to spread the message about electricity conservation.
Here's how a utility can make more by selling less. Instead of spending $2 billion on a new 1,000-megawatt power plant, say, the utility decides to spend $2 billion or less insulating homes, paying customers to install more efficient equipment, and making the grid smarter. Taking those steps would slash power consumption by more than 1,000 Mw, eliminating the need to build the power plant and cutting greenhouse gas emissions at the same time
$2 billion investment
Even though the price of electricity will be higher, customers who comply will be using much less power (and those who don't will effectively subsidize those who do)
Alfred Hambsch, founder of Global Electric Electronic Processing, says the e-waste recycling business is a trend that is about to explode into an industry. According to Tom Rand, MaRS Discovery District Clean Tech Practice Lead says, "Regulators in Canada and the United States are now heeding the calls of environmentalists and mandating the proper recycling of scrap electronics, paving the way for innovative clean tech outfits."
MaRS cleantech client, Hydrostar, is featured in the Toronto Star Business section. Energy and Technology columnist Tyler Hamilton talks about Hydrostar's novel way to store large quantities of energy that can be dispatched later as needed, such as during periods of high electricity demand.
Tom Rand, who leads an advisory service for companies wishing to develop a stake in clean technology, at the non-profit MaRS headquarters in downtown Toronto, agrees on the importance of this ‘right to connect’
Canada is seriously committed to phasing out all coal-fired electricity generation within five years and to becoming North America's leading green jurisdiction. To help to do this Ontario has passed a Green Energy Act with strong incentives . Tom Rand, who leads an advisory service for companies wishing to develop a stake in clean technology, at the non-profit MaRS headquarters in downtown Toronto, agrees on the importance of this 'right to connect'.
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Henry Chong, LIFEbike completed MaRS Entrepreneurship 101 course and entered in MaRS 2012 Up-Start Competition. Keri Damen, Director of Entrepreneurship Education states "the Upstart competition serves as the capstone to the program." Chong won the competition for $10K.
But though piezoelectric technology is gaining momentum as the search for greener energy sources intensifies, it's not likely to replace more traditional power sources anytime soon, said Tom Rand, a project leader at MaRS with a background in electrical engineering.
"Everyone knows piezoelectricity works," he said. "The question is whether it's cost-effective."
"Everyone knows piezoelectricity works," he said. "The question is whether it's cost-effective."
"Everyone knows piezoelectricity works," he said. "The question is whether it's cost-effective."
Rand said, in the next 10 years he expects to see this type of technology springing up all over cities like Toronto."I think it will happen simply because the optics are great," he noted. "It looks good to power a checkout at a supermarket with the cars that are rolling into the parking lot. But whether or not it's a serious player in energy production, I have my doubts ... I don't think it's a game-changer."
U.S. commission report released today underscores the need
for a nationwide pay-as-you-drive system - a system akin to one refined and
tested worldwide by upstart tech firm Skymeter Corp.
Skymeter as its technical solution partner of
choice for 'Smart Transportation Pricing' technology in the city of Seoul
under the Connected Urban Development program.
"The Commission has hit the bull's eye with its recommendations", says
Skymeter CEO Kamal Hassan. "Recognizing and recommending sensible policy using
reliable and cost-effective technology addresses the three evils plaguing
surface transportation: under-funding, CO(2) emissions, and traffic jams."
Hassan says that by opting for a sensibly-designed GPS-driven user fee system
America's total CO(2) emissions will be reduced by 5% or 350 million metric
tonnes, the same reduction as if one out of every four cars on the road were
replaced by electric cars. It will also make the average commute around 10%
faster. "Those are pretty good side effects for a system that returns the
nation's road financing system to health" says Hassan.
Skymeter solution solves severe GPS signal problems among
numerous intersecting and parallel side-roads and offers a high degree of
billing accuracy, critical to system acceptance. Skymeter is currently being
tested in San Francisco against what are considered to be the best GPS
receivers in North America. The results of these tests to date mirror
successful European and Asian trials of Skymeter's system.
Skymeter Corporation is a Toronto, Canada-based data services operator that
enables location-based payments using financial-grade GPS telematics. Its
billing-delivery services include Vehicle Miles Traveled (VMT) metering for
road use, parking and PAYD insurance. These services incorporate methodologies
for both privacy and anonymity to ensure motorists enjoy complete privacy
while traveling and absolute confidentiality of their trips. Skymeter is
equivalent to an anonymous, in-car cell-phone that automatically pays for all
transport services based on actual usage. Skymeter enables every form of
road-use charging from small city areas such as London and Stockholm's cordon
charges up to metering every vehicle in a state, province or country in order
to replace fuel taxes.
U.S. commission report released states that there is a need\nfor a nationwide pay-as-you-drive system - a system that is similar to Skymeter Corp which is an upstart tech firm and a MaRS Tenant. Skymeter technicial solution solves the severe GPS signal problems as is currently being tested in North America. Feb 26, 2009
U.S. commission report released states that there is a need
for a nationwide pay-as-you-drive system - a system that is similar to Skymeter Corp which is an upstart tech firm and a MaRS Tenant. Skymeter technicial solution solves the severe GPS signal problems as is currently being tested in North America.