Why is Canada a leader in energy storage technology?
In this global context, Canada is well-placed to be a leader in the development and deployment of energy storage technologies that will drive the future of the energy sector. Canada has an abundance of natural resources, a clean electricity grid, and an established innovation ecosystem for energy.
What types of energy storage are available in Canada?
There are three main types of energy storage currently commercially available in Canada: Storage is playing an increasingly important role in the electricity system by improving grid reliability and power quality, and by complementing variable renewable energy sources (VRES) like wind and solar.
Why is energy storage important in Canada?
A consistent supply of energy storage components will allow Canada to confidently promote its products, technologies, and services in global markets. This, in turn, provides continuity for international investors while also offering certainty to those looking to develop energy storage projects within Canada.
How much energy storage does Canada need?
A report commissioned by Energy Storage Canada in estimated a minimum of 8-12 GWs of short-duration (6 hours or less) energy storage would be necessary just for Canada to meet its net-zero targets for .
When did energy storage start in Canada?
The first energy storage project in Canada, the Sir Adam Beck Pump Generating Station, came online in . However, the next project did not come online until . There are three main types of energy storage currently commercially available in Canada:
How can Canada secure its energy supply chain?
In Canada, part of securing the supply chain includes building partnerships with Indigenous communities to tap into local resources and expertise. A consistent supply of energy storage components will allow Canada to confidently promote its products, technologies, and services in global markets.
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