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Dam Spp - SOUTH
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Energy Storage Newsabout 5 hours ago

Neoen awarded capacity contract for 1,600MWh Ontario BESS through LT2 procurement

  • Neoen secured a 20-year capacity services contract for its 200MW/1,600MWh Battery Energy Storage System (BESS) project in Ontario.
  • The contract, awarded through Ontario's LT2 procurement, signals a robust market and policy framework for long-duration energy storage.
  • This project provides a strong precedent for developers seeking long-term revenue certainty for large-scale BESS investments and enhances grid reliability for large power consumers in the region.
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