Northland Power Corporate Presentation
Growth
Strategy
Energy Storage - Energy
Storage Industry Overview
+
Global Market Size':
$1.2-1.9 Trillion
Expected Global Investment in
Utility-Scale Storage through
2050
1 Source: BNEF, IEA.
0
NORTHLAND
POWER
Market Trends
Demand for energy storage driven by capacity needs of a 100% carbon-free electricity
grid
Strong policy support for energy storage in existing markets for Northland, e.g., 7 GW
of storage needed in Ontario through 2030
Energy storage costs cost competitive with gas peakers especially considering longer
market potential for batteries over thermal assets
Northland's Storage Opportunities
•
Ontario
Oneida battery storage project development in partnership with NRStor Inc.
and the Six Nations of the Grand River Development Corporation
Marmora Pumped Storage in Eastern Ontario
Alberta
Solar and battery storage development portfolio
New York
Co-location with existing projects
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