Energy Storage Projects Selected to Provide Essential Grid-Balancing Service

November 28, 2017    Ontario's Independent Electricity System Operator (IESO) announced today that two new energy storage facilities have been selected through a competitive process to help support the reliability, flexibility and efficiency of the province’s electricity grid.

The successful parties, Hecate Energy Ontario Storage VII, LP and Saturn Power Inc., will provide a combined 55 megawatts (MW) of regulation service, an important grid-balancing function that corrects for short-term changes in electricity use that might affect the reliability of the power system. These successful projects also represent one of the largest reductions in per-unit regulation costs since Ontario’s electricity market opened.

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Donald Cudmore