The Financial Post reports in its Saturday, Feb. 11, edition that Ottawa will provide $50-million to fund the construction of Canada's "largest battery storage" facility. The Post's Naimul Karim writes that the 250-megawatt Oneida Energy Storage in Ohsweken, Ont., will draw and store electricity from the provincial grid when power demand is low and return the power to the system when the demand is high. The project, which is expected to begin operations in 2025, will provide enough power to meet the peak demand of a small city and is expected to cut carbon emissions by 2.2 million to 4.1 million tonnes, the equivalent of taking about 40,000 cars off the road. It will also double Ontario's energy storage resources to about 475 megawatts from around 225 megawatts. Aside from the federal funding, the project will be supported by the Canada Infrastructure Bank, which has pledged $170-million, and the Ontario government. The facility is being developed by the Six Nations of the Grand River Development Corp., Northland Power, Nrstor and Aecon Group. Grand River Development chief executive officer Matt Jamieson said the project will have a "great socio-economic" impact on the region's indigenous communities.