To fully leverage these benefits and capitalize on growing demand, energy transition players require entrepreneurial leaders who can commercialize new technologies across international markets.
In Canada, enterprises operating in the energy transition sector have experienced significant growth and are notably more engaged in international markets compared to SME’s in other industries. Despite this progress, they face substantial regulatory challenges. Moreover, while technologies such as utility-scale energy storage are emerging to address some of the limitations of renewables, these sources generate less power than traditional plants.
From established providers to start-ups and developers, these companies must secure talented executives with the experience to successfully commercialize their products globally while controlling production and supply chain expenditures. Leaders in this space must navigate these challenges and opportunities with strategic vision, resilience, and innovative solutions. Their ability to adapt and drive sustainable practices with personal commitment will be crucial for maintaining a competitive edge and achieving long-term success.