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Perhaps you can allow us understand a little bit concerning what the firm does. Sure, by method of, of fast introduction, Otter Energy is an Ontario, Canada-based, clean power style develop firm.
We've stayed in business since about 2009, which, in the, the globe of, of eco-friendly energy is, is pretty old. Our emphasis has type of historically gotten on medium and huge scale business solar and battery installments. In the very early days of the pandemic, we truly, put, placed our heads about, getting, a household programme going as well, kind of seeing just how a lot more individuals were spending time at home, and, their home energy usage was type of more front and centre.
Our main kind of home region is, is Ontario, Canada, but we additionally operate in various other provinces, consisting of, Manitoba and in Nova Scotia. So definitely pleased to be below and, and deal, a little bit of a, a viewpoint, you recognize, not only from the Canadian side, yet probably more importantly from So the within of the tidy power sector and again, it's great to be chatting with you below today on that.
And, due to the fact that nuclear provides around, you know, 40 to 50% of our base load power. Those plants coming offline or any portion of those plants coming offline will, will certainly produce a quite considerable shortfall in, in our energy supply. So there's a little a, a rush right now, here, to, to replace that, that missing space with various other kinds of generation.
Talk, talk with me a little concerning batteries due to the fact that undoubtedly that modern technology has actually truly come on. I, I don't have a battery in my very own home. I have photovoltaics concerning 4 kilowatts on my roof covering and I have some solar,. Photovoltaic panel also, some, some thermal solar panels, ought to I say.
The guy stated, you understand, it's not truly worth having a battery. I don't have an electric cars and truck, I've got a hybrid auto, which I do not drive a lot cos I generally use trains. So I'm not, I'm, I'm still asking yourself whether I should alter to electric or otherwise, however then I do not have a, a, a driveway because I keep it all as garden, so I can have the birds.
Yeah, inform me a little bit regarding battery as, as to where you're utilizing that, you understand, in your commercial. And in your homes that you're suitable. Yeah, pleased to do so. I believe the value of batteries, truly depends a great deal on, on where you are and, and kind of the, the electrical power or energy rates that, that you're paying.
Therefore I assume that, that principle of, of having, you recognize, resiliency and safety, is an essential driving aspect at this phase for, for people to embrace battery storage. Do you recognize that's one more wonderful reminder, Peter. I understand when we talked formerly to get ready for this podcast. Among things that was a little of a light bulb moment for me was very much.
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