Ontario IESO awards 640MW energy storage capacity through LT2 procurement
By
April Bonner
A five-star bake. Worth schmearing, sharing, saving.
Summary
Ontario's Independent Electricity System Operator (IESO) has procured 640MW of new energy storage capacity through three projects selected under the capacity stream of its Second Long-Term Request for Proposals (LT2). This follows the LT1 tender, which was Canada's largest battery energy storage procurement at over 850MW. The LT2 procurement continues Ontario's push to expand energy storage infrastructure to support grid reliability and the province's growing electricity needs.
Key quotes
· 3 pulledOntario, Canada's Independent Electricity System Operator (IESO) has secured 640MW of new capacity through three projects selected under the capacity stream of the Second Long-Term Request for Proposals (LT2).
LT2 follows the IESO's Long-Term 1 (LT1) competitive tender, which previously resulted in the largest battery energy storage system (BESS) capacity procurement in Canada's history.
LT1 awarded over 850MW of BESS capacity contracts across two tranches during May and June 2023.
You might also wanna read
BYD Introduces World's Largest 14.5 MWh DC Energy Storage System
Chinese EV manufacturer BYD has launched the 'HaoHan' energy storage system, which features the world's largest single-unit DC battery capac
ess-news.com·9mo ago
Energy Dome Launches 20-Megawatt CO2 Battery Storage Facility in Sardinia for Grid Energy Storage
Energy Dome has launched a 20-megawatt CO2 battery energy storage facility in Sardinia that uses 2,000 tonnes of carbon dioxide to store exc
spectrum.ieee.org·5mo ago
UK's Largest 300MW Battery Storage Facility Connected at Tilbury Substation
National Grid has connected the UK's largest battery storage facility at Tilbury substation. The 300MW Thurrock Storage project, developed b
nationalgrid.com·9mo ago
Finland to Build 250MWh Sand Battery for District Heating and Grid Services
Finnish companies Polar Night Energy and Lahti Energia are partnering to build a large-scale 'Sand Battery' thermal energy storage system in
energy-storage.news·6mo ago
UK Secures Record 6.4GW Renewable Energy Capacity in Latest Auction, Making Onshore Wind and Solar 50% Cheaper Than Gas
The UK government has secured a record 6.4 gigawatts of solar, onshore wind, and tidal power in its latest renewable energy auction (AR7a),
carbonbrief.org·4mo ago
Finland Deploys 1 MW/100 MWh Sand Battery for District Heating Energy Storage
A Finnish city has inaugurated a 1 MW/100 MWh sand battery that stores energy using heated sand, supporting the local district heating syste
cleantechnica.com·9mo ago