February 11, 2021
Plus Power Breaks Open Market for Massive Batteries in New England | Greentech Media
Battery plants have established themselves in the sunny Southwest, but this week was the first time they won big in New England. San Francisco-based developer Plus Power won two bids in the latest capacity auction held by the New England ISO, which operates the transmission grid and competitive power markets in six Northeastern states. That means that these two battery plants offered a compelling enough price to edge out some fossil fuel plants for delivering power on demand. And they did it without any help from federal tax credits because none of them apply to standalone batteries.
