Oneida Battery Project
Project Summary
Oneida Energy Storage LP is a joint venture between NRStor, Six Nations of the Grand River Development Corporation, Northland Power, and Aecon Concessions. The Oneida Battery Project provides clean, reliable power capacity by drawing and storing renewable energy during off-peak periods and releasing it to the Ontario grid when demand is highest. The facility is expected to benefit Ontario’s ratepayers by reducing the need and cost of gas-fired power plants during peak demand. It will also help Ontario reduce greenhouse gas emissions by 1.2 million tonnes.
With 278 lithium-ion battery units now officially drawing and storing power from Ontario’s electricity grid, Oneida LP will receive fixed capacity payments through a 20-year capacity services contract with Ontario’s Independent Electricity System Operator (IESO). It will generate revenue from energy sold into the grid and from providing ancillary services.
Read the full press release here.
An overview of the Oneida Battery Project and its role in transforming Ontario’s clean energy future.
Learn more about NRStor Projects
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