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Regulator OKs Nova Scotia Power’s $354M battery project | CBC News

June 18, 2024June 18, 2024 mdbincbi

Nova Scotia Power is gearing up to build battery systems at three sites to help bring energy stability to the grid as the province moves to replace fossil fuels with renewable energy sources. The utility expects the project to cost about $354 million, with about $116 million covered by a federal grant and the remaining $237 million footed by ratepayers. NSP has financed some of the cost through the Canada Infrastructure Bank, with investment from the Mi’kmaw-owned Wskijnu’k Mtmo’taqnuow Agency. Read full story here: Regulator OKs Nova Scotia Power’s $354M…

Tesla’s Batteries And Solar Tiles Are Changing The Electric Grid – CNET

June 17, 2017 mdbincbi

There’s a good chance flipping on the light switch 10 years from now will feel just as ordinary as it did for your parents and grandparents. But behind the scenes, a radically different system for sending electrons where they’re needed will be turning on those lights. Electrical power that today comes from massive centralized generation stations could originate from your neighbors’ solar panels, then wait a few hours in a mammoth battery in your garage until you get home. That’s because the biggest change to our power grid since it…