Dec 11, 2017

Massachusetts has awarded $20mn to 26 energy storage projects

Energy Storage
U.S.
Sophie Chapman
2 min
26 energy storage projects in Massachusetts have been awarded money from a grant
The Governor of Massachusetts, Charlie Baker, has announced that the state has awarded 26 energy storage projects with $20mn in grants.

The Governor of Massachusetts, Charlie Baker, has announced that the state has awarded 26 energy storage projects with $20mn in grants.

All the selected projects are designed to expand the state’s energy storage market, with 25 communities that will benefits from the awards.

Under Charlie Baker’s administration, the available funding for the grants was able to double from the initial plan of $10mn.

The Governor announced the news at UMass Memorial-Marlborough Hospital, which will use the funding it received to integrate a 400kw solar canopy and energy storage system.

Following the bipartisan comprehensive energy diversification legislation signed by Charlie Baker in August last year, the Department of Energy Resources announced an energy storage target for the state of 200MWh.

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Three electric distribution companies are to meet this target by 1 January, 2020., with the state currently having approximately 4MW and 7MW of advanced energy storage installed.

“The development and deployment of energy storage projects will be vital to the Commonwealth’s ability to continue leading the nation in energy efficiency,” commented the Governor of Massachusetts.

“Funding these storage projects is an investment in our energy portfolio that will reduce costs for ratepayers and help create a clean and resilient energy future.”

Tesla is receiving money from the program for two projects, totalling $2.3mn, as well as General Electric being a recipient of the grant.

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Apr 23, 2021

Drax advances biomass strategy with Pinnacle acquisition

Drax
Biomass
Sustainability
BECCS
Dominic Ellis
2 min
Drax is advancing biomass following Pinnacle acquisition it reported in a trading update

Drax' recently completed acquisition of Pinnacle more than doubles its sustainable biomass production capacity and significantly reduces its cost of production, it reported in a trading update.

The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.

The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).

Drax CEO Will Gardiner said its Q1 performance had been "robust", supported by the sale of Drax Generation Enterprise, which holds four CCGT power stations, to VPI Generation.

This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.

In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.

The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.

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