Vermont Utility Approved for 5 Mw Energy Storage Project
Not-for-profit public utility Morrisville Water and Light (MWL) is bolstering its grid reliability after the unanimous
Solar Power World 12:36 pm on May 9, 2024
Vermont utility approves 5-MW energy storage project with Encore Renewable Energy, promising grid reliability improvements through a battery system that will provide substantial capacity and participate in various market mechanisms. The partnership exemplifies local leadership in clean energy transition while optimizing costs during peak demand times.
- Energy Storage Project: Vermont utility's approval of a significant battery storage system by Encore Renewable Energy.
- Grid Reliability: The project supports grid stability through voltage spike absorption and peak demand reduction capabilities.
- Market Participation: Incorporates energy arbitrage, frequency regulation markets, and capacity markets to maximize benefits.
- Cost Optimization: Allows for cost-effective operation during peak demand periods via stored power.
- Local Leadership: Demonstrates Vermont's commitment to advancing the clean energy transition within its jurisdiction.
https://www.solarpowerworldonline.com/2024/05/vermont-utility-approved-for-5-mw-energy-storage-project/