3 energy storage projects approved in Ontario
Three energy storage projects, including one near Dryden, have received provincial approval to proceed.
The projects will store a combined 640 megawatts of power.
Associate Minister of Energy, Sam Oosterhoff, says they will help secure the electricity supply during peak periods.
“All of these projects have received strong municipal support,” says Oosterhoff.
“Each of them includes First Nations partners with at least 50% equity ownership, helping to ensure that communities share directly in the economic benefits.”
The project near Dryden involves Neoen, a company that specializes in renewable energy and Eagle Lake First Nation.
All three projects are to come online by 2030.
