Battery storage system at a solar farm. (Source: Shutterstock)
Ameresco Inc., in partnership with Atura Power, has been chosen to build a 250 megawatt (MW), 1,000 megawatt-hour battery energy storage system (BESS) by Canada’s Independent Electricity System Operator (IESO), according to a June 8 press release.
In order to complete the project, the two companies will establish a joint venture (JV) called Napanee BESS Inc. As part of the JV, Napanee will enter into a 20-year capacity agreement with the IESO. Ameresco is expected to provide engineering and construction solutions and expertise for the BESS’ installation.
“In partnership with Atura Power, we are honored that our JV has been selected by the IESO for this battery energy storage system installation, one of the largest in Canadian history,” said Lou Maltezos, Ameresco executive vice president. “This project is designed to significantly bolster the province’s energy security and reliability, ushering Canada into a greener, more sustainable age.”
As a partial result of this project, the IESO expects Ontario’s energy storage capacity to increase from 228 MW to at least 1,217 MW.
Recommended Reading
Breakthroughs in the Energy Industry’s Contact Sport, Geophysics
2024-09-05 - At the 2024 IMAGE Conference, Shell’s Bill Langin showcased how industry advances in seismic technology has unlocked key areas in the Gulf of Mexico.
E&P Highlights: Oct. 14, 2024
2024-10-14 - Here’s a roundup of the latest E&P headlines, including another delay at one of the largest gas fields in the world and two major contracts in West Africa.
Chevron Boosts Oil, NatGas Recovery in Gulf of Mexico
2024-09-03 - Chevron’s Jack/St. Malo and Tahiti facilities have produced 400 MMboe and 500 MMboe, respectively.
E&P Highlights: Sept. 16, 2024
2024-09-16 - Here’s a roundup of the latest E&P headlines, with an update on Hurricane Francine and a major contract between Saipem and QatarEnergy.
Hurricane Helene Shuts in Nearly 30% of GoM Crude Production
2024-09-25 - Bumped up to hurricane classification on Sept. 25, Hurricane Helene has shut in 29% of crude and 17% of natural gas production in the Gulf of Mexico as it nears landfall in Florida tomorrow.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.