Battery storage adoption accelerates, RBC report finds
RY•RBC's Climate Action 2027 report finds battery storage adoption is accelerating and reshaping electricity systems. Jigar Shah says batteries, solar and wind are the fastest route to new grid capacity, while urging Canada to develop large-scale generation and local energy resources in parallel.
1. Storage and grid capacity
RBC's Climate Action 2027 report finds battery storage adoption is accelerating. Energy entrepreneur Jigar Shah identifies batteries, solar and wind as the fastest route to new grid capacity, attracting utilities and data centers. Shah says Canada should develop large-scale generation and local energy resources in parallel and urges governments to maintain clear investment criteria and commit to a 10-year energy transition effort.
