Convergent Energy + Power, an energy-storage-solutions provider in North America, is planning to provide Massachusetts' municipally owned utility company Holyoke Gas & Electric (HG&E) with a battery-storage system.
The 5-megawatt system is expected to stabilize costs for HG&E’s customers and further insulate against rising energy prices by dispatching at strategic times, storing energy when it is cheapest and cleanest, and discharging energy to displace the most expensive and carbon-intensive periods.
The battery-storage system is projected to come online in 2023.
“HG&E is constantly seeking sustainable and innovative energy solutions that will help keep rates stable for our customer base,” said Jim Lavelle, manager at HG&E. “We are excited to add another energy storage system to HG&E's portfolio, in partnership with Convergent Energy + Power.”