NEWS RELEASE: And that’s a wrap on Energy Storage Alberta 2025

The second annual CanREA Summit devoted to the future of energy storage in Alberta was a success in Calgary this year.

Calgary, June 3, 2025 – More than 200 people attended the Energy Storage Alberta—CanREA Summit and CanREA Connects networking event in Calgary today, a full-day conference examining the myriad ways that innovative energy storage technologies will be critical for Alberta’s energy future.

“We need more energy storage in Alberta, because we need all the solutions that it brings to the table: Storage provides many different services to the electricity grid, such as time shifting, improving general reliability and reducing system costs. And the cost of storage is decreasing dramatically: battery costs have fallen by more than 90% in the past 15 years. It is time to leverage this to our advantage,” said CanREA President and CEO Vittoria Bellissimo.

Energy Storage Alberta 2025 kicked off with a keynote address by Alberta’s Minister of Affordability and Utilities, Nathan Neudorf. Minister Neudorf shared his perspective on the changes expected with the upcoming REM. He was hopeful about bringing more certainty to investors in the market, and optimistic that the AESO’s process will create a market that would support market participants, such as energy storage.

CanREA then welcomed AESO President and CEO Aaron Engen, who presented key updates on the AESO’s plans for Alberta’s grid and shared how market participants, including energy storage, play key roles in contributing to the design of the REM and the evolving electricity market.

The first panel discussion, “Restructuring success: New electricity market and transmission policies in Alberta,” examined what the planned Restructured Energy Market (REM) will look like and how costs will be allocated, focusing on the question: What does this all mean for energy storage over the next five years?

A special lunch keynote by Greg Lyle, Founder and President of Innovative Research Group, featured insights on the public support for energy storage and infrastructure projects in Alberta—drawing on the latest polling data to show how public attitudes can inform more effective decision-making and policy development.

Other panel discussions focused on meeting energy demand with new AI data centres and growing populations, reducing constraints to energy storage solutions, exploring the latest advancements in energy-storage technologies, and much more.

“Our conference focused on how to get storage projects built in Alberta, and how to operate them efficiently once they are in service,” said Bellissimo. “CanREA members are ready and willing to move forward with projects in Alberta and other jurisdictions across Canada, given the right conditions, such as fair transmission costs with longer-term rate stability, and contact mechanisms that incent new storage capacity.”  

CanREA wishes to thank all attendees, moderators and speakers for helping to make the Summit a success. A special word of thanks to Platinum Sponsor Northland Power, Gold Sponsors Enfinite & Bennett Jones LLP, Silver Sponsor PCL, Bronze Sponsors Fasken, Sungrow Power, Dentons, CIBC & Apsystems, and Iron Sponsor Regulatory Law Chambers.

Background information

What is Energy Storage?

In its simplest definition, energy storage is anything that allows us to store energy in a form that can be utilized in the future—hours, days or possibly months later, depending on the technology.

Many different energy-storage technologies are in development in Canada, with some already in operation. They include batteries, hydrogen, mechanical storage (pumped hydro, compressed air, flywheels) and thermal methods. 

Batteries are probably the best-known—and most scalable—form of energy-storage technology. But energy storage is so much more than lithium-ion batteries. Technologies are changing, companies are innovating, and new systems to solve clean-electricity challenges are being deployed every year. Innovative energy-storage technologies include long-duration storage and new battery chemistries. 

These technologies can do much more than simply store energy: They can provide many key services, including wires services (such as capacity value, peak shaving, voltage support, frequency regulation, and transmission & distribution deferral and congestion management), reliability services (such as regulating reserve, spinning reserve and black start), and market services (such as time shift, arbitrage, demand charge reduction and backup power).

The many services provided by energy storage are shown in the graphic above, pulled from CanREA’s 2022 whitepaper, “Laying the Foundation: Six priorities for supporting the decarbonization of Canada’s grid with energy storage.”

Quotes

“We need more energy storage in Alberta, because we need all the solutions that it brings to the table: Storage provides many different services to the electricity grid, such as time shifting, improving general reliability and reducing system costs. And the cost of storage is decreasing dramatically: battery costs have fallen by more than 90% in the past 15 years. It is time to leverage this to our advantage.” 

“Our conference focused on how to get storage projects built in Alberta, and how to operate them efficiently once they are in service. CanREA members are ready and willing to move forward with projects in Alberta and other jurisdictions across Canada, given the right conditions, such as fair transmission costs with longer-term rate stability, and contact mechanisms that incent new storage capacity.” 

—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)

For media interviews, please contact:

Michaela Ianni, Communications Specialist
Canadian Renewable Energy Association 
communications@renewablesassociation.ca

The Canadian Renewable Energy Association

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn. Subscribe to our newsletter here. Learn more at renewablesassociation.ca.