global adjustment charge

September 16, 2021
Convergent Energy + Power has commissioned an industrial battery energy storage system (BESS) project in Ontario which could save the facility owner CA$450,000 (US$356,000) per megawatt on power costs during summer.
March 18, 2021
Decision-makers across Canada now recognise the value that energy storage can bring to the grid, with Ontario’s grid operator establishing its first-ever set of market rules for energy storage’s participation.
July 24, 2020
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.
June 8, 2020
Reducing peak demand for commercial and industrial (C&I) electric utility customers in Ontario remains a big opportunity for using battery energy storage to reduce costs and decarbonise, three partner companies working on a 2MWh project have said.
April 28, 2020
An Ontario college will use a large-scale lithium-ion battery system from Wartsila to “minimise” its Global Adjustment Charge (GAC), the Canadian province’s means of paying for grid infrastructure as well as green energy policies that can constitute as much as 60% of monthly electricity bills.
September 4, 2019
Ontario’s Independent Electricity System Operator (IESO) is set to launch a demonstration of how solar panels, energy storage and customer-sited demand side response (DSR) can be used to drive down costs of the IESO’s network.
May 15, 2019
Fortune 100 technology company Honeywell will supply a multiple megawatt-hour battery energy storage system at a commercial site in Ontario, Canada.
May 9, 2019
Ontario’s policy of rewarding large users of energy that reduce their demand for grid energy at peak times has resulted in Shell New Energies announcing 21MWh of projects with Convergent Energy + Power.
November 15, 2018
Stem Inc, which offers commercial and industrial (C&I) customers battery storage systems to lower their energy costs, has partnered with Canadian state-owned utility Ontario Power Generation to offer Ontario businesses ‘no-money-down’ energy storage solutions.
August 16, 2018
Convergent Energy & Power, a US-Canadian developer backed with investment from Statoil, has just connected up Ontario’s largest single-site behind-the-meter energy storage system to date.

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