| Jun 29, 2022 |
| Plains Announces Plans To Install Battery Energy Storage System At Sarnia Facility |
Houston, Texas – June 29, 2022 – Plains Midstream Canada, a subsidiary of Plains All American (Nasdaq: PAA & PAGP)
(Plains) today announced plans to install a 5 MW/10 MWh battery energy storage system (BESS) at the natural gas
liquids fractionation and storage facility joint venture that Plains operates in Sarnia, Ont. The BESS is designed to reduce
the facility’s power draw from Ontario’s electric grid during periods of peak power demand.
“Reducing our power demand during peak hours will lower variable costs at our Sarnia facility and improve grid
sustainability in Ontario while decreasing carbon emissions,” stated Dan Noack, Vice President Emerging Energy and
Process Optimization. “Industrial-scale battery energy storage systems are a key element of supporting continued
growth in renewables. The BESS is a capital-efficient project representing another step in aligning our operations with
advancing technology and emerging energy opportunities.”
The battery system will be charged from the grid during off-peak hours when low-cost, low-carbon electricity is more
readily available and will be discharged during higher cost peak demand hours that currently require power generation
from non-renewable sources. Plains intends to enroll the BESS in Ontario’s Independent Electricity System Operator’s
(IESO) demand response program, which will allow the facility to collect additional revenue when the battery is utilized
during curtailment events.
The BESS is expected to be placed in-service in mid-2023. The Sarnia facility is a joint venture with Pembina Pipeline
Corporation.
Forward Looking Statements
This press release contains forward-looking statements regarding the timing and expected benefits of the BESS project.
These statements involve certain risks and uncertainties that could cause actual results or outcomes to differ materially
from results or outcomes anticipated in the forward-looking statements. These risks and uncertainties are discussed in
PAA's and PAGP's filings with the Securities and Exchange Commission.
About Plains
PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and
provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline
gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other
infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in
the United States and Canada. On average, PAA handles more than six million barrels per day of crude oil and NGL.
PAGP is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an
indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North
America.
PAA and PAGP are headquartered in Houston, Texas. For more information, please visit plains.com.
Contacts:
Lee Restivo
Sr. Manager NGL Assets
Plains Commercial Assets
(403) 365-7386
Karen Rugaard
Sr. Manager, Government & Public Affairs
Plains All American
(866) 809-1290 |
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