Constellation announced that it will fund, own, and operate an 8.75-megawatt battery storage network deployed at seven SEPTA [Southeastern Pennsylvania Transportation Authority] subway stations which will capture and reuse the energy created by braking subway cars

The program is an expansion of SEPTA's 1.8 MW battery storage pilot program completed in 2014

The project requires no upfront capital investment from SEPTA and will be financed through a 20-year battery services agreement with Constellation.

Viridity Energy will provide energy market services for the project, bidding the batteries into the PJM market as frequency regulation resources to help match generation with demand and maintain the desired electrical frequency on the grid.

Construction activities are scheduled to begin in the second quarter of 2016 with estimated commercial operation in late 2016.

Tags:
Constellation   Exelon   Pennsylvania   Viridity Energy  

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