Is Canada’s Largest Battery Storage Project a Game-Changer?

Northland Power has successfully launched commercial operations at the 250MW Oneida Energy Storage Project, establishing it as Canada’s largest battery energy storage facility. The Oneida project, located in Haldimand County, Ontario, marks a milestone for Northland as it is their first operational energy storage project in Canada. This facility, boasting a capacity of 1000MWh, was completed ahead of schedule and under budget, costing around US $700 million compared to the initial estimate of US $800 million. The project is crucial for improving grid stability and reliability in Ontario and represents Northland’s strategic move into the burgeoning energy storage sector.

Northland holds a majority 70% stake in the facility. The remaining ownership is shared among strategic partners, including Six Nations of the Grand River Development Corporation, NRStor, Aecon Concessions, and the Mississaugas of the Credit Business Corporation. The project is supported financially through a 20-year capacity contract with Ontario’s Independent Electricity System Operator, ensuring long-term economic viability. This initiative not only emphasizes Northland’s expertise in executing large-scale energy projects but also bolsters its position as a leader in the fast-growing energy storage market. It highlights the progressive collaborations between industry leaders and Indigenous communities in energy infrastructure development.

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