Ontario's Long Term Energy Plan
Ontario Ministry of Energy Embraces Energy Storage as part of the Long Term Energy Plan (LTEP)
TORONTO – Dec. 2, 2013 – The Ontario Energy Storage Alliance (OESA) commends the Honourable Bob Chiarelli, the Ontario Minister of Energy, for recognizing the role of energy storage in the Long Term Energy Plan (LTEP) announced today. The Ontario Government’s plan to include storage technologies in its procurement process starting with 50 megawatts by the end of 2014 recognizes the important role innovative storage technologies can play to make our electricity system more flexible and efficient.
“Energy storage offers new options and capabilities for a modern, efficient, reliable power system that will make better use of Ontario’s clean energy resources” said Cam Carver, OESA Chair. “We look forward to participating in this important initiative and helping to achieve appropriate regulatory treatment for energy storage.”
OESA represents a broad alliance of Ontario-based organizations that design, develop and operate energy storage projects, products and services. The full spectrum of energy storage technologies are represented among its members, including advanced batteries, flywheels, compressed air, power-to-gas, pumped hydro, and thermal storage. Ontario is home to a cluster of world-leading energy storage technologies. The scope and scale of applications also varies but includes everything from behind-the-meter storage systems for retail customers, to large grid-scale storage solutions that mitigate the intermittency of wind and solar and harvest the persistent surplus of off-peak generation capacity.
“This is great news for energy innovation in Ontario” said Jon Dogterom, Cleantech Practice Lead at the MaRs Discovery District. “The worldwide market for energy storage technologies is growing quickly, and is projected to be worth $30 billion within a decade. By rolling out made-in-Ontario energy storage technologies at home, we strengthen our domestic grid and set ourselves up to capture this global market.”
OESA will be expanding its member base in 2014 to include new technology developers and storage end-users. OESA will also reach out to recruit a broader range of stakeholders including energy suppliers, distribution utilities, energy agencies and electric transportation developers and users. More information about OESA, key contacts and a current roster of its members can be found at:
Click here for a Summary of the Plan by ORTECH's Ka Ming Lin.