TC Energy says pumped storage plant in Meaford offers safe efficient power
TC Energy reported their proposed pumped hydro storage facility on the Canadian Forces base in Meaford would save taxpayers about $250M a year.
The group Save Georgian Bay recently submitted a petition opposing the project to MP Alex Ruff. The petition claims the project is not energy efficient, and could pose safety concerns.
TC Energy Spokesperson Jennifer Link said the proposed project is 1,000 megawatts and is capable of powering 1 million homes for up to eight hours. She says it would reduce emissions of greenhouse gases, by an average of 490,000 tonnes per year, and save taxpayers about 250M a year.
She added safety is not something TC Energy takes lightly, and pointed out pumped storage has been reliably providing nearly 95 per cent of global energy storage with proven, long-lasting technology
Link said they will also explore a closed loop option, but that type of system would have permanent environmental impacts on the shoreline, and need a larger footprint on the Meaford Base. She also said are committed to proving their reservoir will be safe, and pointed out that pumped storage has been reliably providing nearly 95 per cent of global energy storage with proven, long-lasting technology
She said, “The core purpose of this project is to capture and store clean excess electricity that we have already paid for. Energy produced by wind and solar is difficult to forecast and as a result Ontario’s power grid produces too much electricity, which is then exported to the United States – creating a financial loss for all Ontarians.”
She said the electricity in the TC energy project is power that would otherwise be wasted or exported. Link said TC Energy believes that pumped storage is the most economic and environmentally responsible solution to meeting Ontario’s growing energy demands. TC Energy reported the facility will be one of Canada’s largest climate change initiatives – it will help in the shift to a clean energy grid. And TC says the 40-100 year lifespan will provide a source of energy for decades to come.
TC Energy also said the company is engaging with the community to address concerns that are raised by interested citizens, including members of Save Georgian Bay
TC Energy says people can click on this link for more information.www.tcenergy.com/pumpedstorage