Special to Globe and Mail Update
Though it’s only seven years old, Toronto-based ENBALA Power Networks has already re-invented itself.
Founded in 2003 in Vancouver as Sempa Power Systems, the company initially focused on hybrid heating systems that can switch quickly between electricity and fossil fuels depending on which is more economical at a particular moment. This can both optimize heating costs for a commercial building and reduce greenhouse gas emissions, explains Ron Dizy, the company’s president and chief executive.
But in the past couple of years, Mr. Dizy says, natural gas prices dropped and opportunities for hybrid heating were reduced. The approach still makes sense in some cases, such as remote communities where gas is expensive or only costlier propane is available, but Sempa needed to find a different application for its technology.
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