Two 100MW battery energy storage system (BESS) projects in Texas have been brought online by independent power producer (IPP) Broad Reach Power, for participation in the Electricity Reliability Council of Texas (ERCOT) market.
The opportunities for energy storage in the US continue to grow and grow, but moving away from contracted revenue structures to merchant risk projects will be a challenge, especially for lenders.
GridBeyond is to optimise Greencoat Renewables’s first energy storage project. This 10.8MW front-of-the-meter battery is co-located with the Killala Community Wind Farm in Tawnaghmore Upper, Ireland and is expected to be online early next year.
Tesla’s ability to offer rooftop solar, electric vehicles and home battery storage in one package could place the company in a strong position as an electricity retailer in Texas.
Tesla’s planned launch of a retail electricity offering to existing customers within the ERCOT service area in Texas will lean heavily on battery storage as well as solar for its expertise, assets and routes to market.
Texas’ ERCOT market has been one of the US’ fastest-growing regions for renewable energy, but recent weather-driven events have made it clear that more needs to be done to ensure electricity system reliability. The answers are already here, affordable and practical, argues Wayne Muncaster, vice-president at commercial demand response platform technology group GridBeyond.
Funding has been raised towards the execution of two battery energy storage projects in Virginia and Texas with a total capacity of 400MW / 1,400MWh, from a partnership of two investment groups and a power project development company.
In an interview with Energy-Storage.news, FlexGen CFO Yann Brandt talks us through the logical progression that he has taken from solar into energy storage and how he views the opportunities and challenges ahead.
An energy storage project pipeline of 500MW in Texas’s ERCOT market is being developed by Dallas-headquartered distributed energy resources developer and operator Hunt Energy Network.
The devastating power crisis in Texas last month proved the value of the energy storage market, particularly distributed models, according to a panel of renewables investors this week.
