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Massachusetts Gives Out $20M In Grants To Grow Energy Storage Market

By District Energy posted 12-07-2017 00:00

  

Michael P. Norton, State House News Service

(Gov. Charlie Baker announced the recipients of the state grants for energy storage projects in Mass. (Photo Courtesy: Massachusetts Clean Energy Center)

Summary

State government grants totaling $20 million are being handed out Thursday to grow an energy storage market that has the potential to reshape the power landscape and deliver new benefits to ratepayers.

Energy storage can help meet peak demand power requirements, enable the storage of weather-dependent clean energy, provide power during traditional outages, and increase the reliability of the electric grid, officials say. The grants, they say, will facilitate the growth of still-developing storage technologies such as batteries, flywheels, thermal storage and pumped hydroelectric storage.

The 26 projects receiving grants will benefit 25 communities, but officials say the market will lead to benefits for all ratepayers.

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