CleanTechnica•17 days ago
Massachusetts’s First Big Energy Storage Tender Dishes Out 1.3 GW Of Contracts
Key Takeaway
Massachusetts's first major energy storage tender unlocks a significant, policy-backed market for developers and promises enhanced grid stability and resilience for large power consumers.
AI Summary
- •Massachusetts awarded 1.268 GW of energy storage contracts in its first large-scale tender, a significant move towards its 5 GW storage mandate by 2030.
- •This inaugural tender signals a substantial, policy-driven market expansion for energy storage developers and investors in Massachusetts.
- •For large power consumers, this increase in grid-scale storage capacity implies enhanced grid reliability, potential for improved demand charge management, and new resilience opportunities.
Topics
policyppastorage
Article Content
Massachusetts has to reach 5 gigawatts (GW) of energy storage capacity by 2030, per legislation passed by state lawmakers. To get going toward that target, the Massachusetts Department of Energy Resources (DOER) has conducted its first large-scale energy storage tender. In that tender, it awarded 1.268 GW (1,268 megawatts) of ... [continued] The post Massachusetts’s First Big Energy Storage Tender Dishes Out 1.3 GW Of Contracts appeared first on CleanTechnica .