East Point Energy announces energy storage projects in Texas
Published by Theodore Reed-Martin,
Editorial Assistant
Energy Global,
East Point Energy, an Equinor Company, has announced the start of construction of Sunset Ridge Energy Centre (Sunset Ridge) in Frio County, Texas, as well as the final investment decision of the Citrus Flatts Energy Centre (Citrus Flatts) in Cameron County, Texas.
Sunset Ridge is an approximately 10 MW/20 MWh battery storage project. It marks the first project for East Point Energy in Texas. Citrus Flatts, acquired by East Point Energy from Black Mountain Energy Storage (BMES) in late 2023, will be a 100 MW/200 MWh battery storage project.
“It was a pleasure working with the East Point team, and we are pleased to have assisted them on their journey to be one of the most significant renewables and storage operators in the US,” said Witt Duncan, Chief Commercial Officer of BMES. “East Point is committed to establishing prominence in the energy transition, and we are thrilled to help fuel the positive impact they will bring to the grid.”
Construction for Sunset Ridge is already underway, with a commercial operation date for later this year. Meanwhile, construction for Citrus Flatts will begin this year, with commercial operation anticipated by early 2026. Once online, both projects will strengthen the reliability and resilience of the electric grid in the Frio and Cameron County areas.
“Energy storage is essential to balance the supply with the increasing demand for energy in Texas. We’re excited that our projects will support a more renewable, resilient, and affordable grid for the Cameron and Frio communities, and the ERCOT market at large,” said Andrew Foukal, CEO of East Point Energy.
“We aim to build a robust and diversified battery storage portfolio with an opportunity to scale, by leveraging the capabilities of East Point Energy and maximising synergies with Danske Commodities,” commented Christian Lie Hansen, vice president onshore renewables Americas and chair of the East Point Energy board. “Our ownership in East Point Energy creates a solid basis for building a material and profitable battery storage position across attractive US power markets, delivering on our market-driven power producer strategy.”
Read the article online at: https://www.energyglobal.com/energy-storage/12042024/east-point-energy-announces-energy-storage-projects-in-texas/
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