Amendments to the Electricity Act introduced on March 22, will open the door for more storage solutions for renewable electricity. Changes to the act will allow the Department to issue requests for proposals for energy storage solutions, like large-scale batteries. Currently, only Nova Scotia Power is permitted to own such storage methods. Other amendments will allow the Department to issue contracts for well-developed, innovative energy storage projects that can be implemented quickly. These projects will also help identify the best ways for using energy storage in Nova Scotia. The amendments support the addition of more renewables to the electricity system while reducing costs for ratepayers.
Read More: https://novascotia.ca/news/release/?id=20230322004
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