Boston Solar Containerized Low-Pressure Procurement Contract

Are existing energy storage systems eligible to participate in the procurements?

Existing storage systems are expressly eligible to participate in the procurements. This procurement builds on the Commonwealth’s target for establishing 1,000 MWh of energy storage by December 2025, set by law in 2018.

Are energy storage contracts a viable option in Texas?

These contracts are particularly prevalent in Texas, which is an energy-only market (i.e., there is not a separate market for the sale of capacity). As a result, many energy storage resources will enter into hedges that will provide them with some fixed revenue streams to facilitate a project financing.

What are energy storage contracts?

These contracts allocate the risks of project development, construction, and performance between the parties and include the price that will be paid by the utility for the resource or the energy storage services that are to be provided.

Do you need an EPC contract for energy storage projects?

When developing an energy storage project, a project owner can either engage an EPC contractor to provide a fully-wrapped EPC agreement that will encompass the procurement, installation, and commissioning of batteries. In many cases, however, owners will contract directly with battery suppliers for battery supply and commissioning.