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83 new energystolage miect Sites § Milton has been chosen to be the site of a leading-edge energy storage project - one of nine locations across the province. Ontario Minister of Energy Bob Chiarelli was at the Milton Education Village Innovation Centre Mondaytoreleasethefivecompaniesthatwere selected by Ontario’s Independent Electric- ity System Operator (IESO) to secure a total of 16.75 megawatts of energy storage in Ontario. Once the projects are up and running â€" likely around 2018 â€" they will be able to support reliability by responding to changing grid con- ditions. It will be able to store energy and pro- vide it back when called upon. More importantly, it will be able to store en- ergy during periods of lower prices and inject it back into the grid when prices rise. In total, the projects will cost approximately $9 million per year. Locally, the utility grid-scale battery storage system installation will be at the new Milton Hydro headquarters on Chisholm Drive, close to other large electricity consumers such a Modatek systems; it will be operated by Base- load Power Corp. based out of Thomhill. Frank Lasowski, president of Milton Hydro said, "It's a glorified rechargeable battery," Bylullo Slack ;QANADIAN CHAMPION snrr essentially, adding he's happy it is being con- structed here since it will help with future generations as well. The Milton site will be a four-hour flow battery. capable of two MW performance and eight Mwh of storage capacity. Two full-size Cell- Cubes will be 40 feet by 40 feet in size each, once up and running. They'll be made in Ger- many by Gildemeister energy solutions, which is an Austrian company. Similar systems are in place in several countries aroundthe world. “Storage technology remains one of the most innovative and exciting aspects of our energy policy, particularly because of the incredible potential it presents. It will help strengthen our system and improve service to electricity consumers," said Chiarelli. “Our government is proud to see the leadership of these five On- tario companies as they move forward to create good jobs and invest in their local economies.” Ontario um um Added Halton MPP lndira Naldoo-Harris, "Successful projects like this one have the potential to improve efficiency and reliability for the province's electricity consumers. This is an important initiative for our community and our province." Energy storage has the potential to transform how the IESO plans and operates the power system by providing a range of real-time grid balancing services and injecting or withdrawâ€" ing energy on demand. Unlike other forms of energy, electricity has STIRLING MONTESSORI ACADEMY Book a Tour 905 86476000 wwwstirlingmontessori.com Cost-efiectlve energy storage allows electric- ity to be captured and dispatched wherever « it's needed. :33 The IESO selected five successful companies 8 during a bidding process; they are Ameresco 5 Canada Inc., SunEdlson Canada Origination LP..â€" NextEra Canada Development and Acquisitions g Inc., NRStor Inc” and Baseioad Power Corp. In total, this marks the completion of lESO’s plan to secure a total of 50 MW of energy stor- 2 not usually been stored in large quantities. % age in Ontario.