Three new energy storage facilities worth $200 million each will be coming to the state soon.
The Woodlands, Tex.-based company is building new facilities in Pecos, Hidalgo and Comal counties that can store enough power for 280,000 homes during peak demand.
Plus Power is building three new energy storage facilities in Texas. The company says each will boost the reliability of Texas' energy grid. defaultThe Woodlands, Tex.-based Plus Power is investing $884 million to build three 12- to 13-acre facilities to store power generated by solar and wind energy sources and then connect them to the grid that supplies 90% of Texans with electricity.
As Texas’ population and electricity demand continue to increase in hot temperatures, battery storage will be critical in maintaining the grid’s stability during peak demand periods, according to researchers atBattery energy storage devices capture energy from renewable sources and store it for later use. Texas power producers will account for 38% of the battery storage capacity that U.S. operators plan to install by 2025,“Electricity moves at the speed of light, so distance doesn’t matter.
The storage facilities mostly operate remotely, with limited maintenance jobs onsite. However, Keefe said the effects are big. “Texas is the leading market for energy storage in the United States and it’s surprising to me that more people aren’t shouting from the rooftops for this,” Keefe said. “This is huge for jobs and economic development. In the same way that Texas was a leader in wind energy 15 years ago, we’re doing the same by having clear market signals that allow for long-term investments.”. Irving is a business writer for the Dallas Morning News.
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