logo
Oneida Battery Project, Canada's Biggest, Goes Online Ahead of Schedule, Under Budget

Oneida Battery Project, Canada's Biggest, Goes Online Ahead of Schedule, Under Budget

Canada Standard13-05-2025
Canada's biggest battery energy storage system went online ahead of schedule and under budget last week, on a patch of industrial land just a few kilometres from the Six Nations of the Grand River in Ontario.
The 250-megawatt/1,000 megawatt-hour project in Haldimand County is co-owned by the Six Nations of the Grand River Development Corporation (SNGRDC), Northland Power, NRStor Inc., Aecon Concessions, and the Mississaugas of the Credit Business Corporation, all operating through the Oneida Energy Storage Limited Partnership (Oneida LP). It was originally priced at $800 million in 2023, but ultimately came in at $700 million, Northland Power said.
"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) and generate revenue from energy sold into the Ontario electricity grid, as well as from providing ancillary services to the system," SNGRDC said May 7.
View our latest digests
"Originally developed under a 50/50 partnership between SNGRDC and NRStor Inc., the Oneida Energy Storage facility serves as a model for meaningful partnerships, prioritizing Indigenous involvement in the development of clean energy in Canada," the development corporation added. The project more than doubles Ontario's energy storage capacity from 225 to 475 MW, will eliminate 1.2 to 4.1 megatonnes of climate pollution over its operating life, "and will support more efficient operation of traditional assets like gas and nuclear while furthering growth of renewable energy sources like wind and solar."
The Oneida installation is now about 70% owned by Northland Power, the company said. The project received "significant funding" from Natural Resources Canada and the Canada Investment Bank and employed more than 180 Indigenous and Ontario workers during peak construction, including more than 40 through Aecon Six Nations, a majority Indigenous-owned firm.
"Oneida Energy Storage achieving commercial operation is symbolic to us on many levels," SNGRDC President and CEO Matt Jamieson said in a release. "As a foundational partner we are especially proud to play a lead role in introducing grid-connected energy storage to the Ontario energy market. Not only does the project create value for Ontario ratepayers and our community, our involvement highlights the importance of Indigenous partnership and inclusion-it exemplifies what can be accomplished together."
"Our partnerships-first approach to energy projects with Indigenous Peoples really enabled the Oneida vision to become a reality and also resulted in a true Canadian success story which serves as the model to replicate moving forward," said NRStor Chair and CEO Annette Verschuren. "Today is a significant milestone for NRStor, our project partners, the Ontario government, and Canada's clean energy future."
"Oneida represents a pivotal step in our strategy to develop and operate battery storage facilities," said Northland Power President and CEO Christine Healy. "Delivering this project ahead of schedule and under budget is a clear demonstration of Northland's capability to execute large-scale energy projects safely and effectively."
Last month, Energy Storage News cited Oneida as the "flagship" for nearly three gigawatts of battery storage that will be going into service in Ontario. It says the IESO will account for about 60% of the project's revenue.
On LinkedIn, Royal Bank of Canada Senior Vice-President John Stackhouse described Oneida as "a really big deal" that "may soon become a model for big demand users (hello, data centres) as they explore options."
Source: The Energy Mix
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Faircourt Asset Management Inc. Announces July Distribution
Faircourt Asset Management Inc. Announces July Distribution

Toronto Star

time5 hours ago

  • Toronto Star

Faircourt Asset Management Inc. Announces July Distribution

Toronto, July 25, 2025 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Fund (CBOE:FGX), is pleased to announce the monthly distribution payable on the Shares of the below listed Fund. Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp. This press release is not for distribution in the United States or over United States wire services. ARTICLE CONTINUES BELOW For further information on the Faircourt Funds, please visit s or please contact 1-800-831-0304. You will usually pay brokerage fees to your dealer if you purchase or sell Shares of the Fund on the CBOE Canada Exchange or other alternative Canadian trading system (an 'exchange'). If the Shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying Shares of the Fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in the public filings available at Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

New rail spur line aims to connect Coaldale to global markets
New rail spur line aims to connect Coaldale to global markets

Global News

time6 hours ago

  • Global News

New rail spur line aims to connect Coaldale to global markets

Last month, a Dutch company officially started operating at their first Canadian facility. NewCold's cold storage facility in Coaldale, Alta., was a $222 million project that has already added dozens of full-time positions, with management saying the employment ceiling hasn't yet been reached. However, exports out of the 323,000-square-foot facility aren't moving at the level the new building is capable of. To help move things along, the Government of Alberta announced on Friday its support of a new rail spur running through the heart of Coaldale's industrial park. A rail spur is a short offshoot of a main line, and in this case the spur will connect with the Canadian Pacific Kansas City running through town. 'This project will provide us with a connection to the NewCold storage facility, which will allow local producers to transport southern Alberta grown and manufactured goods to a global consumer base in the agri-food processing sector,' said Devin Dreeshen, Alberta's minister of transportation and economic corridors. Story continues below advertisement In total, the Alberta government is spending $3.475 million via a grant through the Strategic Transportation Infrastructure Program. 'Coaldale is a growing hub for agri-food and industry in southern Alberta. By investing in key infrastructure like this rail extension, we're helping unlock the region's full economic potential and positioning Coaldale as a driver of long-term growth,' said Dreeshen. Despite being a small town, Coaldale is situated at the heart of the agri-food corridor on Highway 3. Combining its location with a willingness to expand the agricultural industry and government support, Coaldale's mayor is declaring a bright future for his town. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy 'Coaldale is open for business and we mean it,' said Jack Van Rijn, mayor of Coaldale. In fact, he says this is a true game-changer for the southern Alberta community. 'This project represents one of the most significant industrial infrastructure investments in Coaldale's history.' The NewCold facility isn't the only major agriculture investment in the region in recent years, either. In 2023, McCain announced a $600 million investment to double its potato operation just outside of town. 1:43 Coaldale McCain Foods plant looks to add 260 hires to workforce 'If you build it they will come,' said Grant Hunter, Alberta's associate minister of water. Story continues below advertisement He, like Van Rijn, says the region has a strong economic future. 'I think it's just the beginning. I've been saying this for six years, I believe that southern Alberta is going to be some of the best real estate investment in Canada.' Hunter says the government is serious about making an impact in the area. 'This partnership between the province, Town of Coaldale and private industry is exactly the kind of collaboration we need to drive long-term growth, support job creation and help establish southern Alberta as a leading centre for agri-food production and efficient supply chain distribution.' NewCold's area site manager, Derek Bedke, agrees that the area is ripe for business. 'When you're working with local governments and provincial governments that allow you to operate quickly, it really facilitates the progress and it makes it a very easy decision to partner with towns like Coaldale and provinces like Alberta,' said Bedke. That quick work is exactly what Van Rijn says he is happy to see. 'From the time that we shook hands on the deal moving forward, they had shovels in the ground less than a year later, so it's just a testament that southern Alberta, the Town of Coaldale and Lethbridge County is open for business.' Story continues below advertisement The rail spur project will have a total estimated cost of $8 million, with the town of Coaldale and NewCold picking up what the grant doesn't cover.

U.S. raises anti-dumping duties on softwood lumber above 20%
U.S. raises anti-dumping duties on softwood lumber above 20%

Global News

time7 hours ago

  • Global News

U.S. raises anti-dumping duties on softwood lumber above 20%

British Columbia lumber organizations are condemning the decision by the U.S. Commerce Department to raise anti-dumping duties on Canadian softwood lumber to 20.56 per cent, calling them unjustified, punitive and protectionist. The B.C. Council of Forest Industries issued a statement Friday saying the trade action will harm workers, families and communities across the province and Canada. The council is calling on the Canadian government to make finding a resolution to the softwood dispute a top national priority, saying the latest escalation from the Commerce Department shows they can't wait for the United States to act. The B.C. Lumber Trade Council says in a separate statement that if the U.S. department's pending review on countervailing duties is in line with its preliminary results, the combined rate against Canadian softwood shipped to the United States will be well over 30 per cent. Story continues below advertisement Prime Minister Mark Carney said earlier this month that a future trade agreement with the United States could include quotas on softwood lumber, an area that has caused friction between two countries for years before the latest trade war. 0:36 U.S. tariffs on softwood lumber 'unjustified' and 'fundamentally misguided': Carney The American department had issued a preliminary anti-dumping rate in March of 20.07 per cent, up from 7.66 per cent set three years before, which is in addition to the countervailing duties of 6.74 per cent. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy 'This decision represents yet another example of ongoing U.S. protectionism at a time when cross-border co-operation should be a shared priority,' the statement from the B.C. Lumber Trade Council said. The B.C. Council of Forest Industries said the provincial government could make a number of changes that would help the industry keep mills operating. By activating timber sales, fast-tracking permits and cutting through regulatory gridlock, it said B.C. could send a signal that it is serious about rebuilding a sustainable forest sector. Story continues below advertisement 'These unjustified and punitive trade actions continue to harm workers, families, and communities across British Columbia and Canada — and have gone unresolved for far too long,' the statement from the council said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store