Jupiter gets BESS contract from Austin Energy
Austin Energy has entered into an agreement with Jupiter Power to supply up to 100 MW of electricity from a utility-scale battery energy storage system (BESS) project in Houston, Texas. The contract is valued at approximately $14.4 million per year, with a duration of up to 20 years. This amounts to a total of around $288 million over the contracted period. The BESS will store electricity during low-demand periods and release it when demand peaks.
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