Update on Pumped Storage Project Proposals in Meaford and Marmora
January 11, 2024
The Minister has asked in a letter to the IESO and the proponents of pumped storage projects in Meaford and Marmora to continue to update and refine their proposals.
For TC Energy and Saugeen Ojibway Nation's Ontario PS project in Meaford, TC Energy will report back to the Minister and IESO with a breakdown of the estimated costs of associated pre-development work (e.g., a Class 3 estimate of capital costs prepared in accordance with AACE International standards, Impact Assessment process, additional engineering work, etc) and a project schedule of this work.
Additional considerations and timelines can be found in the letter.