E.ON aims to establish itself as an energy storage provider for the US market

03/03/17

Project Texas Waves announced, providing a total of 20 megawatts of storage

E.ON aims to establish itself as an energy storage provider for the US market

E.ON continues to expand its industrial-scale battery technology business in the USA. The company has now announced that it will construct two batteries with a total storage volume of nearly 20 megawatts (MW) in Texas. The Texas Waves energy storage projects will be located at E.ON's existing wind parks in Pyron and Inadale in the west of the state. By the end of 2017, each of the two large-scale storage solutions should be providing 9.9 MW of energy to the grid.

E.ON aims to establish itself within the Texan energy storage market through this venture. The batteries will provide system services for the Electric Reliability Council of Texas (ERCOT) market, balance out fluctuations across the grid, and improve supply security. The lithium-ion battery systems connected to the grid will be an integral component of the E.ON wind parks near Roscoe and will be charged by the wind turbines there.

For the Texas Wave projects, E.ON is collaborating with Virginia-based Greensmith Energy, one of the largest providers of energy storage software and services. E.ON is invested in this company since 2015. Greensmith Energy is also a partner in Iron Horse, E.ON's first grid-connected battery project located south-east of Tucson, Arizona. This 10 MW energy storage system, which includes a neighbouring 2 MW solar plant, will come online in the first half of 2017.

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group management and other information currently available to E.ON. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.