Spider Lake battery energy storage project gets federal energy funding – The Laker

July 31, 2024

HALIFAX: An energy related project in the Waverley area is among those that is receiving federal funding through Natural Resources Canada’s Smart Renewables and Electrification Pathways program (SREPs) and Electricity Predevelopment Program.

Nova Scotia Power is receiving $117.6 million for the installation of three 50-megawatt (MW) / 200-megawatt hour (MWh) battery energy storage systems in Bridgewater, Spider Lake in Waverley, and White Rock.

The funding is also for other grid modernization upgrades, to support the replacement of coal with wind generation across the province. This includes funding from the Smart Renewables and Electrification Pathways Program as well as Electricity Predevelopment Program, which specifically supports predevelopment activities such as site investigation work, grid integration planning and stakeholder engagement.

Read More: https://thelaker.ca/spider-lake-battery-energy-storage-project-gets-federal-energy-funding/