The Saturn-Owen Sound Regulation Services Battery Energy Storage System is a 25,000kW energy storage project located in City of Owen Sound, Ontario, Canada.
The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2017.
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Description
The Saturn-Owen Sound Regulation Services Battery Energy Storage System is being developed by Saturn Power. The project is owned by Independent Electricity System Operator (100%).
The key applications of the project are reduce peak electricity cost, frequency regulation and grid support services.
Contractors involved
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By GlobalDataIndependent Electricity System Operator is the owner. Saturn Power is the developer.
Additional information
The project is a part of IESO’s 2017 Request for Proposals for Incremental Regulation Capacity (Regulation RFP). The successful parties, Hecate Energy Ontario Storage VII, LP and Saturn Power Inc., will provide a combined 55 MW of regulation service, an important grid-balancing function that corrects for short-term changes in electricity use that might affect the reliability of the power system.
Methodology
All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.
