Ontario: Ontario and the federal government are investing together to build the largest battery storage project in Six Nations of the Grand River in the country.
The 250-megawatt (MW) Oneida Energy storage project is being developed in partnership with the Six Nations of the Grand River Development Corporation, Northland Power, NRStor and Aecon Group.
Deputy Prime Minister Chrystia Freeland said that The government is spending $50 million in funding; the Canada Infrastructure Bank has played a key role supporting project development and is collaborating with the Oneida Energy storage project on an investment agreement.
Premier Doug Ford says the province Ontario has directed the Independent Electricity System Operator (IESO) to enter into a 20-year contract for the Oneida Energy storage project to support the growth of the province’s clean energy supply.
“I’m thrilled to see so many great partners come together to build this world-class project that will provide affordable, clean energy for generations to come,” said Premier Doug Ford
Meanwhile, this agreement came at a time when Canada’s 13 premiers and Prime Minister Justin Trudeau are working towards a new long-term health care funding deal.
On Tuesday, the federal government offered $17 billion over the next ten years for Canada health transfers. With this, the federal government’s share in the health care sector will increase from 22 percent next year to 24 percent.
Pertinently, the demand for a 35 percent increase by the provinces has not been accepted by the federal government.
On Thursday, Ford said his meeting with two federal ministers was “very productive”. But stressed that there was still some more work to be done.