Canada to invest $200M in energy storage in Great Lakes region
RTE – In a joint announcement on Tuesday, Energy Minister Jim Carr and Great Lakes Energy Minister Doug Anderson announced that they will invest $20 million to install energy storage units at seven of the region’s largest energy companies.
The first phase of the projects, which are being developed in partnership with Hydro One and the Manitoba Hydro Corporation, will install a total of four energy storage systems.
The remaining projects will require the deployment of up to 20 megawatts of energy storage.
The announcements came as Energy Minister Carr toured the Manitoba Energy Research and Development Authority, which oversees the Great Lakes and its environs, and talked about the province’s investments in the area.
Carr said the investment in energy-sustaining technology and its application to other sectors in the province has allowed the province to meet its 2020 targets for energy production and supply.
“We have a massive resource in the Great Lake Basin,” Carr said.
“We have to have a lot of storage.”
Carr noted that the Great Basin region is also home to one of the world’s largest oil reserves and is in a period of transition.
He said the province is investing in energy technology, including solar, wind and hydroelectric power, and is also investing in a smart grid, which is a way of delivering energy in a way that is reliable, predictable and environmentally friendly.
The announcement comes as the province continues to work on the Smart Grid.
The province has also announced a new smart grid strategy that aims to be a key part of the provinces efforts to transition to a low-carbon economy.