Case Study · Infrastructure & Public Works
$450 Million in Social Value for Ontarians from Pumped Hydro Storage
An energy-storage case estimated $450 million in social value across the 2024–2072 project horizon, alongside economic and labour-market contributions.
Social value, 2024–2072
$450 million
TC Energy · 2024
What the Work Shows
Across the 2024–2072 project horizon, the analysis estimated $450 million in social value, more than $6.8 billion in GDP contribution, 41,200 job-years and $3.9 billion in labour income.
A separate 20-year comparison with a battery-storage alternative estimated $360 million in OPS social value versus $170 million for the battery alternative. Keeping those horizons distinct prevents the two social-value figures from being confused.
View the public CANCEA source →Why It Matters
Decision-makers can use this kind of evidence to understand both the scale of an outcome and who experiences it — a stronger basis for comparing options, communicating value and testing whether an intervention improves people's lives.
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