Skyview 2 Battery Energy Storage Project Secures Contract with IESO
May 21, 2024
The St. Lawrence Corridor Economic Development Commission is celebrating Potentia Renewables Inc. (Potentia) business achievement as the Skyview 2 Battery Energy Storage Project secures a ground-breaking contract with Ontario’s Independent Electricity System Operator (IESO). The project, a joint venture between Potentia and the Algonquins of Pikwakanagan First Nation, has been chosen to deliver 390 megawatts (MW) of battery energy storage capacity to the Ontario grid, marking the largest such project contracted in Canada’s history.
The Skyview 2 project, will be located in the Township of Edwardsburgh Cardinal, Ontario, recently received resounding support from the municipal council and is slated to commence operations in 2027. This initiative embodies a pivotal step towards a sustainable energy future, enhancing grid reliability and effectively balancing energy supply and demand for our region.
Key highlights of the Skyview 2 Battery Energy Storage Project include:
- Project Name: Skyview 2 Battery Energy Storage Project
- Project Owner: PR Development LP, an affiliate of Potentia Renewables Inc., and the Algonquins of Pikwakanagan First Nation
- Technology: Lithium-ion energy storage facility (specific Lithium-Ion chemistry: Iron Phosphate – LFP)
- Capacity: 390MW providing for 4 hours (1,560 MWh)
- Land Use: Located on less than 30 acres of rural land (not prime-agriculture)
- Schedule: Environmental Surveys / Consultation / Preliminary Design (2024), Consultation / Permitting / Detailed Engineering (2025), Construction (2026), Operations (2027)
- Total Project Cost: $750MM
- Number of Battery Containers: Approximately 400, each the size of a 20′ shipping container
Additionally, the project boasts several community-centric initiatives, including a Community Benefit Agreement with the Township of Edwardsburgh-Cardinal, promising $300,000 per year for community development. Furthermore, Skyview 2 is projected to contribute approximately $30MM in property taxes over its 30-year operational lifespan.
With its strong capacity and commitment to sustainability, the Skyview 2 Battery Energy Storage Project stands as a beacon of progress in eastern Ontario’s energy landscape, setting a precedent for future endeavors across Canada.
