About the project

A world-class pumped storage project

This project’s state-of-the-art design incorporates the latest and best technologies to fully enhance a reliable and proven energy storage technology that accounts for 95 per cent of global energy storage.

Ontario is committed to decarbonizing the electricity system. Zero-emissions sources of power (nuclear, hydro, solar and wind) generate excess electricity when it’s not needed. Ontario Pumped Storage will serve and optimize Ontario's electricity system in multiple ways:

It will store and redeploy power to balance supply with demand
It provides on-demand, grid-scale power to replace natural-gas-fired generation
It is a proven, safe and reliable technology

TC Energy - Georgian Bay - Meaford, Ontario

News Release — February 28, 2023:

OPS Project receives support from Meaford Council

CALGARY, Alberta, Feb. 28, 2023 — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that Meaford Municipal Council passed a resolution of support for the Company’s proposed Ontario Pumped Storage Project subject to conditions outlined below.

This development project is a transformative 1,000-megawatt clean energy storage facility, proposed for construction on the Department of National Defence’s 4th Canadian Division Training Centre in Meaford, Ontario.

Read the full News Release.

Proposed Pumped Storage location near Meaford Ontario

Media Advisory — July 28, 2021:

TC Energy reaches agreement with National Defence to develop proposed world-class pumped storage project

TC Energy will develop a transformative 1,000-megawatt clean energy storage project, subject to conditions and regulatory approval. The Ontario Pumped Storage Project, proposed to be constructed on Department of National Defence’s 4th Canadian Division Training Centre property, will be Ontario’s largest energy storage project, optimizing the province’s electricity system and delivering more than $250 million in annual savings to electricity consumers.

Read the full Media Advisory.

Getting the most value for Ontario’s electricity

Anticipated Project Timeline

Life of project	Communications and engagement with local communities and Indigenous groups
2019 to 2023	TC Energy Feasibility Assessment
2024 to 2027	Provincial and Federal Environmental Assessment Processes
2028 to 2033	Construction
2032 onwards	Operations

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January 2024

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