CanREA congratulates seven member companies for their success in the IESO’s LT1 procurement for energy storage in Ontario.
Toronto, May 9, 2024— The Canadian Renewable Energy Association (CanREA) wishes to congratulate seven member companies who have been selected by Ontario’s Independent Electricity System Operator (IESO) as part of the procurement of 1,784 MW of energy storage announced today.
“CanREA applauds the strong outcomes of the IESO’s LT1 procurement,” said Leonard Kula, CanREA’s Vice-President of Policy for Eastern Canada and Utility Affairs. “Ontario ratepayers will benefit from the reliability that these additional energy supply resources provide, especially as the Pickering nuclear station is removed from service mid-decade.”
Through this RFP, the IESO is offering contracts to 10 battery storage facilities for a total of 1,784 MW, Canada’s largest storage procurement to date.
Today’s announcement builds on Ontario’s acquisition of 882 MW of energy storage, as announced in May 2023.
“CanREA members are once again at the forefront of energy storage in Ontario,” said Eric Muller, CanREA’s Director for Ontario. “CanREA is proud that all of our members’ successful bids earned full support from their local municipalities, and that seven of these projects include at least 50% Indigenous equity partnerships.”
A total of eight successful projects are led by CanREA members. In total, projects proposed by Potentia Renewables Inc., EDP Renewables Canada Ltd., Boralex Inc., Evolugen by Brookfield Renewable Power, Neoen (in partnership with Shift Solar Inc.), and Compass Energy Consulting (affiliate with Wahgoshig Solar FIT5 LP) account for 1,384.22 MW of capacity—nearly 78% of the total announced today.
- CanREA Industry Leader Member Potentia Renewables is seeking to develop a 390 MW battery facility in the Township of Edwardsburgh Cardinal, including 50% Indigenous participation with Algonquins of Pikwakanagan First Nation. This will be the largest stand-alone storage facility in Canada.
- CanREA Terawatt Member EDP Renewables will seek to develop a 71.25 MW battery facility in the City of St. Thomas, including 50% Indigenous participation with Caldwell First Nation.
- CanREA Terawatt Member Boralex will seek to develop a 118 MW battery facility in the Township of South-West Oxford, including 50% Indigenous participation with CanREA Megawatt+ Member Six Nations of the Grand River Development Corporation.
- CanREA Megawatt+ Member Six Nations of the Grand River Development Corporation was also successful in partnering on two additional battery facility projects: a proposed 200 MW facility in the Township of Centre Wellington and another 200 MW facility in Haldimand County.
- CanREA Gigawatt Member Evolugen by Brookfield Renewable Power will seek to develop two battery facilities near Ottawa, of 250 MW and 150 MW respectively, both including 50% Indigenous participation with Algonquins of Pikwakanagan First Nation.
- Shift Solar Inc. with partner Neoen, a CanREA Gigawatt Member, will seek to develop a 380 MW battery facility near Arran-Elderslie.
- Wahgoshig Solar FIT5 LP, with its affiliate Compass Energy Consulting, a CanREA Gigawatt Member, will seek to develop two battery facilities: a 9.49 MW facility in the Municipality of Mississippi Mills and a 15.48 MW facility in the Township of North Glengarry. Both projects include 51% Indigenous participation with Algonquins of Pikwakanagan First Nation.
Ontario’s energy storage procurements are expected to represent a total of 2,916 MW on the grid by 2028. This will complement the IESO’s renewable energy procurements, including 2,000 MW of new non-emitting electricity generation by 2030 expected as part of the “Long-Term 2 Request for Proposals” (LT2 RFP), as well as 1,500 MW for 2032 and an additional 1,500 MW for 2034. The LT2 RFP will also procure an additional 500-1,000 MW of capacity to be in service by 2031.
“Affordable, clean and reliable energy storage is a key capacity resource that should be employed across Canada. It will help ensure our clean-electricity advantage continues,” said Vittoria Bellissimo, CanREA’s President and CEO.
CanREA represents Canada’s leading wind, solar and energy storage companies, working to build a more reliable, affordable and sustainable electricity system for Ontario and across Canada.
Quotes
CanREA applauds the strong outcomes of the IESO’s LT1 procurement. Ontario ratepayers will benefit from the reliability that these additional energy supply resources provide, especially as Pickering is removed from service mid-decade.”
—Leonard Kula, Vice-President of Policy for Eastern Canada and Utility Affairs, Canadian Renewable Energy Association (CanREA)
CanREA members are once again at the forefront of energy storage in Ontario. CanREA is proud that all of our members’ successful bids earned full support from their local municipalities, and that seven of these projects include at least 50% Indigenous equity partnerships.”
—Eric Muller, Ontario Director, Canadian Renewable Energy Association (CanREA)
Affordable, clean and reliable energy storage is a key capacity resource that should be employed across Canada. It will help ensure our clean-electricity advantage continues.”
—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)
For media inquiries or interview opportunities, please contact:
Communications
Canadian Renewable Energy Association
communications@renewablesassociation.ca
About CanREA
The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Twitter and LinkedIn. Subscribe to our newsletter here. Become a member here. Learn more at renewablesassociation.ca. ...
Read the full news release here
