Delorean Power LLC and Massachusetts-based Paxton Municipal Light Department recently announced a partnership on an energy storage project that will be owned and operated by Delorean.
Scheduled to be operational in 2024, the 3-megawatt/9-megawatt-hour energy storage facility “is designed to shield PMLD customers from escalating capacity and transmission costs that are a major contributor to rising electricity rates,” a news release said.
The project will target low-cost, off-peak hours for energy charging. Subsequently, during times of peak demand, the stored energy will be discharged, displacing higher-cost and higher-emission generation sources.
“This strategic shift from on-peak to off-peak energy demand will deliver substantial economic and clean energy benefits to PMLD and its customers,” the news release said.
The project “comes at a perfect time when energy costs have skyrocketed and are projected to stay high,” said PMLD General Manager Tara Rondeau. “This project will allow us to continue to provide the lower rates and reliable service our customers have come to expect.”
The Delorean and PMLD energy storage project is the fourth installation in a broader initiative developed by Delorean with facilitation from the Massachusetts Municipal Wholesale Electric Company, the Commonwealth’s designated joint action agency for municipal utilities.
PMLD is a consumer-owned municipal utility serving the community of Paxton, Massachusetts. It was established in 1914 and serves approximately 2,000 customers.
Following Delorean’s success in a competitive MMWEC solicitation in late 2022, an exclusive partnership was established to construct similar energy storage projects across Massachusetts, with many expected to complete construction by the end of 2024.
In November 2023, Delorean Power and Massachusetts public power utility Groton Electric Light Department unveiled two battery energy storage facilities. One project will be located at a GELD substation, while the other one will be located on the grounds of the town’s newly constructed elementary school.