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Feedback FormIESO Reliability Standards Review December 14, 2020 Feedback Provided by: Name: Rose DeSantis Title: Senior Analyst Market Simulation Organization: Ontario Power Generation Email: Date:
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Innovation refers to the introduction of new ideas, products, or processes that improve efficiency or effectiveness, while sector evolution describes the transformation and adaptation of industries over time in response to new technologies, market demands, and regulatory changes.
Organizations and companies engaged in research and development, as well as those operating in sectors significantly impacted by technological advancements, are typically required to file innovation and sector evolution.
To fill out innovation and sector evolution forms, organizations must provide detailed descriptions of their innovative projects, relevant market analysis, and evidence of the evolution of their sector, including timelines, impacts, and expected outcomes.
The purpose is to promote transparency regarding advancements and changes within industries, encourage investment in innovation, and support strategic planning for future developments.
Information to be reported includes project descriptions, objectives, implementation strategies, financial implications, anticipated impacts on the sector, and compliance with regulatory requirements.
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