Ottawa energy storage investment

An electricity battery storage facility said to be the largest in Canada is set to open in two years on Indigenous land in southwestern Ontario, with Six Nations of the Grand River and Ottawa as investors.

The province said Friday it has directed the Independent Electricity System Operator to enter into a 20-year deal with the Oneida Energy storage project as part of its push for more clean energy supply.

“Today’s announcement is one way in which we are doing our part to create a sustainable future, reducing emissions, as well as providing reliable source of green energy for the benefit of all of our families,” said Six Nations Chief Mark B. Hill at a news conference in Ohsweken, Ont.

The project, which has been in development for years and is currently under construction, is set to begin operating in 2025 and will more than double the amount of the province’s clean energy storage.

“Like right now, we are facing a $1.6 billion infrastructure gap in our community. We can’t wait for funding from federal transfer payments, and we need to take control of our destiny and this is one example of how we can do that.”

Deputy Prime Minister Chrystia Freeland said Ottawa is investing $50 million more in addition to the $170 million in funding from the Canada Infrastructure Bank to build the “largest battery storage project in Canada and one of the largest in the whole world.”

OHSWEKEN The federal and provincial governments are investing in the construction of what they say will be the largest battery storage project in Canada built on Six Nations of the Grand River.

The 250-megawatt Oneida Energy storage project will draw and store electricity from the provincial grid – more than 80 per cent of which is emissions-free – when power demand is low and return the power to the system when demand is high.

About Ottawa energy storage investment

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About Ottawa energy storage investment

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