Canada s new energy storage industry

Why is Canada a leader in energy storage technology?

In this global context, Canada is well-placed to be a leader in the development and deployment of energy storage technologies that will drive the future of the energy sector. Canada has an abundance of natural resources, a clean electricity grid, and an established innovation ecosystem for energy.

What is the fastest growing energy storage technology in Canada?

BESS is the fastest growing energy storage technology in Canada and is also the dominant storage technology in terms of capacity and number of sites. All but four projects proposed to be commissioned by 2030 are battery storage, with two CAES and two PHS projects also proposed.

What is energy storage Canada?

Energy Storage Canada (ESC) is a not-for-profit organisation dedicated solely to the growth and market development of the country’s energy storage sector as a means of accelerating the realisation of Canada’s ongoing energy transition and Net Zero goals.

When did energy storage start in Canada?

The first energy storage project in Canada, the Sir Adam Beck Pump Generating Station, came online in 1957. However, the next project did not come online until 2013. There are three main types of energy storage currently commercially available in Canada:

How big is Canada's energy storage capacity?

The province achieved a major milestone last summer with the IESO’s procurement of over 880 MW of energy storage capacity, the largest in Canada – and as the initial stage of an ultimately 2,500 MW addition, one of the most ambitious such initiatives anywhere in North America.

How much energy storage does Canada need in 2022?

Coming soon: the 250MW/1,000MWh Oneida project in Ontario. Image: NRStor. Energy Storage Canada’s 2022 report, Energy Storage: A Key Net Zero Pathway in Canada indicates Canada will need a minimum of 8 to 12GW of energy storage to ensure Canada achieves its 2035 goals.