MMWEC and Lightshift Energy partner up on BESS project

Lightshift will build up to 50 MW of BESS across MMWEC’s growing utility membership, which represents half of all municipal utilities in the state, serving nearly 200 000 customers. Lightshift estimates the partnership will provide over US$200 million in cost savings for municipal customers while enabling effective management of generation and load to help the Commonwealth reach its goals of net zero emissions by 2050.

As part of the agreement, participating utilities within MMWEC’s membership will host one or more Lightshift energy storage projects. Lightshift will leverage its extensive expertise in analytics, finance, operations and engineering to develop, own and operate the BESS projects. The initial wave of projects will commence operations this summer, with four projects already under construction in the towns of Groton, Holden, and Paxton. Late-stage development activities are already underway in the towns of Peabody, Shrewsbury, Wakefield, Chicopee, Ipswich, and Princeton, with mid-stage development activities moving forward in several other communities. Groton and Wakefield projects, among others, will integrate direct resilience benefits through backup power to critical infrastructure. The growing portfolio is scheduled to come online throughout 2024 and 2025.

“MMWEC is pleased to partner with Lightshift Energy on this BESS project,” said MMWEC CEO Ronald C. DeCurzio. “The project demonstrates yet again how the municipal utilities are leading the way in decarbonisation in Massachusetts, in alignment with the Commonwealth’s emissions reduction targets.”

Cost-savings will be driven by ‘peak shaving’ activities. Peak electricity demand often coincides with the grid's most strained and carbon-intensive hours. Lightshift’s systems will be charged during periods of lower energy consumption and discharged during times of peak energy demand. These peak shaving systems not only have an economic impact, but they also reduce strain on the system, hardening the grid as a whole, and by extension, they support increased integration of renewable energy, enhancing sustainability.

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Read the article online at: https://www.energyglobal.com/energy-storage/03052024/mmwec-and-lightshift-energy-partner-up-on-bess-project/