Energy storage’s potential and value needs to be allowed to shine for Canada to achieve its goal of net-zero emissions by 2050 – and to avoid being left behind in the international race to modernise global energy systems.
A new three-year project allowing residential solar and batteries to trade electricity and grid services in Victoria, Australia, is aimed at creating a replicable model marketplace that could be widely expanded across the country.
The grid operator for the Canadian province of Alberta’s forthcoming technology pilot for fast frequency response services is a “step in the right direction” to enable energy storage deployment, but current regulatory conditions present barriers to maximising the value of batteries and other storage, Energy-Storage.news has heard.
10MW / 20MWh of Tesla Megapacks used for Alberta’s first-ever large-scale battery energy storage system have gone into action as TransAlta Renewables announced the project has reached commercial operation.
The government of Canada unveiled CA$10 billion (US$7.53 billion) worth of “new major infrastructure initiatives” last week, with the inclusion of energy storage warmly welcomed by trade group Energy Storage Canada.
Canadian energy storage technology manufacturer Eguana Technologies has reported greatly increased revenues in its latest quarterly financial results, with the company making recent deals in territories including Japan and Germany.
The first grid-scale battery energy storage project in the Canadian province of Alberta is on-track to go into operation this month, while TransAlta, the company behind the project, has expedited plans to retire a coal plant citing “future market conditions”.
Between CA$1.5 billion (US$1.12 billion) and $4 billion in electricity system cost savings could be achieved by Ontario’s Independent Electricity System Operator (IESO) by installing 1,000MW of energy storage by 2030, according to a new study commissioned by Energy Storage Canada.
